Summary
- Retiring to a small town in the US can be just as reinvigorating and more affordable than moving to popular retirement destinations.
- Choosing a small town for retirement can lead to reduced stress, enhanced well-being, and the opportunity to explore new hobbies.
- There are many affordable small towns in the US that offer close-knit neighborhoods, access to nature, cultural activities, and recreational opportunities for retirees.
For many people, retirement is the chance for new beginnings. It can include a new hobby, lifestyle, and even a new city. According to a nationwide survey, 40% plan to move to another place after retiring. While many people might have grand plans to move to beautiful islands in the Americas ideal for retirement or even start a brand-new life in any of Europe's best cities to retire to, choosing a small town in the US can be just as reinvigorating and more affordable.
The charm of close-knit neighborhoods and local events fosters meaningful connections. They also offer access to nature, cultural activities, and recreational opportunities to enrich daily life. Choosing a small town can lead to reduced stress, enhanced well-being, and a chance to explore new hobbies. Here are some of the top affordable towns to retire to in the US for those planning a new chapter of their lives.
10 Eureka Springs, Arkansas
Eureka Springs is a secluded Victorian getaway in the Ozark Mountains. With 2,171 inhabitants, this small town is famous for its healing springs, distinct architecture, vibrant arts scene, and cozy boutiques.
The town was built around healing springs, known today as Basin Spring, located on Spring Street. Nature enthusiasts will also have a blast exploring nearby outdoor trails, while festival fans can enjoy annual festivals like the May Festival of the Arts and the Eureka Springs Blues Weekend.
- The cost of living is 19% below the national average
- How much does it cost to live here per year? Approximately $32,616 per person
9 Potsdam, New York
The Adirondack Mountains offer plenty of activities, so retirees moving to one of the many towns in the region can spend their days hiking, visiting museums, and discovering waterfalls, among other activities.
In particular, Potsdam is nestled in the Adirondack foothills, and it's home to SUNY Potsdam and Clarkson University, which assures a vibrant atmosphere. The town is 35.8% more affordable to live if compared to New York City.
- How much does it cost to live here per year? $36,445 per person
8 Knoxville, Tenessee
The Smoky Mountains are a serene destination for renting a cabin in nature, hiking, and going on scenic train rides. With so many activities and beauty in this region, moving to one of the small towns in the Smoky Mountains sounds like an excellent retirement plan.
Knoxville emerges as a strategic town near the Smoky Mountains, and outdoor enthusiasts can also explore nearby hiking trails and the Tennessee River. The city also features a revitalized downtown, lined with restaurants and shops. Living in Knoxville means attending annual events like the Dogwood Arts Festival and the Big Ears Music Festival.
- Living in Knoxville is 15% more affordable than the national average.
7 Ocala, Florida
After retiring, those looking for a relaxing and easygoing lifestyle should consider moving to Ocala. The town is known for its affordability and welcoming atmosphere and boasts a range of outdoor activities, from horseback riding to hiking in the nearby Ocala National Forest.
The historic downtown exudes charm with local shops and eateries. The nearby Silver Springs State Park and Rainbow Springs State Park provide natural beauty and recreational opportunities. With a slower pace, affordable housing, and proximity to natural attractions, Ocala is one of the most beautiful yet affordable places for retirees to live.
- Living in Ocala is 8% more affordable than Florida's average and 7% cheaper than the national average.
6 Savannah, Georgia
Living in Savannah allows one to experience the best Southern hospitality in a historic town, especially when walking on the city's cobblestone streets and antebellum architecture. Highlights include Forsyth Park, a vibrant event hub, and River Street, featuring shops and restaurants along the Savannah River. The city's rich history is celebrated through its squares and museums, like the Telfair Museums.
Festivals like the Savannah Music Festival and St. Patrick's Day Parade add to the lively atmosphere.
- Savannah is 10% cheaper than the national average.
5 Redding, California
Living in Redding is more affordable than other California cities, and locals can enjoy many recreational opportunities. Known for its proximity to Shasta Lake and the Sundial Bridge, retirees who are outdoor enthusiasts will find hiking, boating, and fishing at their doorstep. The town's warm climate and vibrant arts scene add to its allure.
Redding hosts events like the Kool April Nites car show and the Redding Rodeo. While the area is prone to wildfires, its strong sense of community and affordable cost of living might make it worth considering for retired people seeking an active and scenic lifestyle.
- How much does it cost to live here per year? $36,595 per person
4 Olympia, Washington
While the Pacific Northwest weather can be rainy, many towns offer outdoor recreation, educational opportunities, and a welcoming atmosphere that makes it a perfect place for retirees to move to. Olympia is a stunning waterfront town that offers scenic views year-round. People in this town can enjoy landmarks, such as the Capitol Lake and the Capitol building.
The town's strong focus on sustainability and the arts creates a dynamic cultural scene. Olympia also hosts the Olympia Film Festival and the Arts Walk, showcasing local talent.
- Average price for a house: $517,000
3 Beaufort, South Carolina
Beaufort is yet another one of the easiest and cheapest towns in the US to retire to. It also features a well-preserved antebellum architecture and scenic waterfront, which helps to create a picturesque backdrop for daily life.
The small town has a population of nearly 13,000, and its history dates back to the 18th century. The place is famous for its hospitality and artistic flair, which made it be chosen as the best town in the South. Plus, annual events like the Beaufort International Film Festival and the Water Festival bring the town to life. Nearby, the Sea Islands and Hunting Island State Park offer natural beauty and outdoor activities.
- Average price for a house: $390,000
2 Sandpoint, Idaho
The best thing about retirement is enjoying the beauties of daily life, such as appreciating the views. Sandpoint is another one of the best towns in the US for cheap retirement, and it comes with scenic views thanks to Lake Pend Oreille and the surrounding mountains.
The town's breathtaking backdrop of Lake Pend Oreille and the surrounding mountains provides a picturesque setting. Sandpoint's artsy atmosphere, local shops, and farmers' market create a vibrant cultural scene. Annual events like the Sandpoint Winter Carnival and the Festival at Sandpoint add to its charm. Outdoor enthusiasts can enjoy skiing, hiking, and water sports, while nearby Schweitzer Mountain Resort offers year-round recreation.
- How much does it cost to live here per year? Around $36,262 per person
1 St. George, Utah
St. George, Utah, is nestled near the Zion National Park and is famous for its red rock landscape. Among those who are ready to quit work and enjoy a more leisurely lifestyle, St. George is also said to be one of the best US towns to retire for cheap. Locals and visitors can enjoy affordable activities year-round, such as golfing and hiking, thanks to its favorable weather, which retirees will enjoy.
The area's rich history is reflected in its historic downtown and local museums, while the town's cultural side is showcased in festivals such as the St. George Arts Festival and the St. George Marathon. Nearby, Snow Canyon State Park and the Virgin River Gorge provide additional recreational opportunities.
- How much does it cost to live here per month? $2,001 per person (with rental)