10 Cheap, Beautiful Places To Retire

If you’re like most people facing retirement, you’re working with a limited budget. Even so, that doesn’t mean you should settle for living somewhere that doesn’t have big skies and bigger budget-friendliness. Whitefish has healthy doses of natural beauty serving as the backdrop to your new, comfortable and slower pace of life.

Marfa, Texas

• Total population: 2,179

• Percentage of population 65 and older: 35.8%

• Livability score: 73

• Total monthly expenditures (including rent): $3,626

Marfa, located in West Texas, has a huge retirement community filled with artists who flocked there to be near the beautiful desert landscapes. If you retire here, you can appreciate the stunning vistas at an affordable price tag.

Leavenworth, Washington

• Total population: 2,676

• Percentage of population 65 and older: 18.3%

• Livability score: 84

• Total monthly expenditures (including rent): $5,869

Leavenworth should be on your retirement radar due to its charming Bavarian village atmosphere, historical charm, outdoor recreation opportunities and booming senior community. The town’s unique blend of outdoorsiness and relaxed lifestyle makes it a must-consider when retirement planning.

Portland, Maine

• Total population: 68,505

• Percentage of population 65 and older: 17%

• Livability score: 85

• Total monthly expenditures (including rent): $5,145

Though there may be two amazing Portland coastal big cities to choose from, Portland, Maine, slightly edges out Oregon as it has a much more affordable cost of living, but doesn’t sacrifice an ounce of natural beauty. This great city is where retirees can enjoy convenient access to excellent healthcare, a rich history and a vibrant senior community.

Seward, Arkansas

• Total population: 2,735

• Percentage of population 65 and older: 18.9%

• Livability score: 84

• Total monthly expenditures (including rent): $4,170

Seward has a surrounding area that includes such magical locations as Hot Springs Village and offers several compelling reasons for retirement. These include a low cost of living and affordable housing, as well as benefits for retirees in Arkansas, such as exemption from Social Security income taxes and military retirement pay.

Portsmouth, New Hampshire

• Total population: 22,332

• Percentage of population 65 and older: 21%

• Livability score: 85

• Total monthly expenditures (including rent): $6,489

If you retire in Portsmouth, you’ll be setting yourself up with reasonably priced real estate surrounded by beautiful natural scenery. This high quality of life comes with a bill you’ll be able to easily afford on a fixed income with just a basic amount of retirement planning.

Naples, Florida

• Total population: 19,421

• Percentage of population 65 and older: 56.2%

• Livability score: 79

• Total monthly expenditures (including rent): $6,030

When you think of cheap places to retire, you probably don’t think you’ll find Naples on the list. However, this cozy beach town still has housing costs that won’t bankrupt your Social Security benefits. Over half of its population is age 65 and older, which makes this a great choice for retirees who want to enjoy easy access to a beachy lifestyle.