The 20 least expensive locations to retire in 2021

55places.com – a leading real estate platform for homebuyers 55 and older – today released its list of the 20 cheapest places to retire in 2021. To build the ranking, the company studied U.S. cities with at least 50,000 residents and found a rating based on a variety of data points including cost of living, median home value, taxes, accessible health care, transit and walkability ratings, availability greater than 55 Churches and more. This resulted in an index of metropolitan areas that offer a mix of high quality housing options at an affordable price.

Although choosing a retirement location is a personal and subjective decision, affordability for buyers is paramount. In fact, 43% of respondents who took the 55places National Housing Survey 2020 said the value of their next home will be a little less or much less compared to their current home.

“For the millions of Americans who leave the United States every year, the ideal retirement picture may differ,” he said George Kolar, regional sales manager for 55places.com. “An inexpensive and comfortable way of life, however, are the most important factors to consider before entering this phase of life. For adults looking to retire in 2021, the 20 metropolitan areas listed below offer potential homeowners a low cost of living and attractive amenities to promote a high quality of life. “

The 20 Cheapest Places to Retire in 2021:

1. Boynton Beach Area, Florida
Average home price: $ 187,100

2. Sarasota area, Florida
Average home price: $ 239,600

3. Salt Lake City area, Utah
Average home price: $ 237,500

4. Dallas-Fort Worth area, Texas
Average home price: $ 165,000

5. Tampa-St. Petersburg area, Florida
Average home price: $ 182,900

6. Corpus Christi area, Texas
Average home price: $ 133,200

7. Baltimore area, Maryland
Average home price: $ 156,400

8. Pittsburgh Area, Pennsylvania
Average home price: $ 116,300

9. Delray Beach Area, Florida
Average home price: $ 267,100

10. Ocala area, Florida
Average home price: $ 128,600

11. Philadelphia area, Pennsylvania
Average home price: $ 156,800

12. Wilmington Area, Delaware
Average home price: $ 169,400

13. Tucson Area, Arizona
Average home price: $ 146,500

14. Houston area, Texas
Average home price: $ 161,300

15. San Antonio area, Texas
Average home price: $ 136,800

16. Harlingen, Texas
Average home price: $ 83,500

17. Phoenix area, Arizona
Average home price: $ 217,400

18. Florissant area, Missouri
Average home price: $ 96,400

19. Charlotte Area, North Carolina
Average home price: $ 200,500

20. Yuma area, Arizona
Average home price: $ 134,100

For more information about the offers at each location and the methodology for determining the order, visit 55places.com/blog/the-20-most-affordable-places-to-retire-in-2021.

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