5 Places in America To Retire That Are Just as Cheap as Mexico, Portugal, and Costa Rica
As more retirees seek affordable living options, many are drawn to countries like Mexico, Portugal, and Costa Rica. However, for those who prefer to stay within the United States, there are several cities that offer a similar cost of living without sacrificing quality of life. Here are five affordable places in America that are just as cheap as these popular international destinations.
1. Youngstown, Ohio
Youngstown stands out as the most affordable place to retire in the U.S. With a median home price of just $137,546 and rental apartments averaging $706 per month, retirees can stretch their savings significantly. The city is conveniently located between Pittsburgh and Cleveland, making it easy to access larger urban amenities while enjoying a quieter lifestyle. Youngstown also boasts a rich cultural scene and numerous parks, perfect for outdoor enthusiasts.
2. Hickory, North Carolina
Hickory is another excellent option for retirees looking to live well on a modest income. The median home price here is $219,950, with renters paying around $743 monthly. Known for its friendly community and beautiful surroundings, Hickory offers a low cost of living combined with a vibrant local culture. The area is also famous for its furniture industry, providing unique shopping opportunities.
3. Springfield, Missouri
Springfield is an attractive retirement destination due to its low cost of living and diverse recreational options. The city features a lively downtown area filled with shops, restaurants, and cultural events. Retirees can enjoy a median home price that is significantly lower than the national average, along with affordable everyday expenses. Outdoor enthusiasts will appreciate the nearby Ozark Mountains, offering hiking, fishing, and other activities.
4. Brownsville, Texas
For those considering Texas, Brownsville presents a more affordable alternative to cities like Austin or Houston. With a comfortable climate and rich cultural influences from Mexico, Brownsville offers a unique living experience. The cost of housing is significantly lower, making it an attractive option for retirees. The city also features beautiful parks and a vibrant community, perfect for those looking to stay active in retirement.
5. Huntington, West Virginia and Ashland, Kentucky-Ohio
The metro area encompassing Huntington, West Virginia, and Ashland, Kentucky, is known for its affordability and scenic views along the Ohio River. With a median home price of $165,496, retirees can find comfortable housing options without breaking the bank. The area offers a low cost of living, friendly neighborhoods, and access to outdoor activities, making it an ideal choice for those seeking a peaceful retirement.
Conclusion
Retiring in the U.S. doesn't have to mean sacrificing your budget. These five cities provide affordable living options that rival the costs of popular international destinations. Whether you prefer the charm of Ohio, the warmth of Texas, or the scenic beauty of the Ozarks, there are plenty of options to ensure a fulfilling and financially sound retirement.