10 Best Places to Downsize in Retirement

The reduction of living costs becomes a factor once you retire. Now that you are living on a fixed income, you need to be more aware about what you spend your money on. This is the time when you should consider downsizing your home for your retirement. You should look for places with below-average housing costs and a low cost of living. However, you also need to take in to account that it should be a place where you have the amenities necessary for a fun and active lifestyle. Here are ten places to consider downsizing to for your retirement.

1. Arlington, Texas – Arlington is all about cheap housing costs and a low cost of living. The cost of living in Arlington is 3.6% less than average in Texas. It is 12.4% less than the national average. Great times are ahead of you if you live in Arlington, as Forth Worth and Dallas are just 20 minutes away. Arlington is definitely a place you will love, especially if you are sports fan.

2. Des Moines, Iowa – The cost of living in Des Moines is 15.2% less than the average in Iowa. This is 19.5% less than the national average. Des Moines is a great place to downsize in retirement and enjoy politics as this is the host city of the Iowa caucuses. If you are more into other aspects of life, you can explore the various outdoor recreational opportunities Des Moines has to offer you.

3. Lawrence, Kansas – The cost of living in Lawrence is 4.5% less than the average in Kansas. This is 11.2% less than the national average. Lawrence is a great place to consider downsizing to in retirement, as well as pursuing a further education. The most dominant feature in Lawrence is the University of Kansas. If you are interested in obtaining a degree or completing your college education, this is the best place to do so.

4. Little Rock, Arkansas – The cost of living in Little Rock is 3.9% less than the average in Arkansas. This is 12.7% less than the national average. The attractions in Little Rock are as diverse as its landscape. Whatever you wish to do in retirement, whether it is arts and culture or historical places to visit, you can do so at affordable prices in Little Rock.

5. Mobile, Arizona – Mobile is a great place to retire because the cost of living is below the national average and is also low compared to Arizona City. The low cost of living and variety of amenities which includes golf, parks and some of the best Mardi Gras celebrations in Arizona make this one of the best places to downsize in retirement.

6. Murfreesboro, Tennessee – Murfreesboro offers seniors plenty of affordable activities to stay busy during retirement. In addition, the cost of living is 4% less than the Tennessee average, and is 14.2% less than the national average.

7. Port Charlotte, Florida – The good news about Port Charlotte is the housing market could be at an all time low, which means you could get some great deals on home prices. Plus, no state income tax is levied on the residents of Florida. The cost of living in Port Charlotte is 4.4% less than the Florida average. Port Charlotte is a great option if you are looking for great homes at a great price, so why not consider downsizing to this lovely Gulf Coast town in retirement?

8. Spokane, Washington – Living so close to Washington may seem daunting as you would expect the cost of living to be on the high side. However, the cost of living in Spokane is 13.8% less than the Washington average. You live your retirement to the fullest in Spokane by taking advantage of the biking, hiking, golf and whatever else you wish to visit.

9. Tucson, Arizona – Good weather and lots of amenities make Tucson one of the best places to retire. Plus, as the cost of living is 12% less than the Arizona average, you can enjoy all the amenities and lifestyle at affordable prices. For example, you can purchase a National Parks Lifetime Senior Pass for just $10, and visit just about all the national parks.

10. Winston–Salem, N.C. – The cost of living in Winston–Salem is 11.1% less than the North Carolina average. This region is best known for its wine production. Each May for just $20, you can sample over 30 different wineries. However, this is not the only attraction in North Carolina. There are also plenty of sightseeing opportunities, historical places to visit and outdoor activities.

These are the ten best places to consider when thinking of downsizing in retirement. If you are interested in active adult communities in any of these places or close to it, visit our website ActiveAdultLiving.com®. We will provide you with information on more than 6,300 active adult communities in the US, Canada and Mexico.

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