To pinpoint the cheapest places to retire, GOBankingRates analyzed and ranked the 100 biggest U.S. cities based on the annual retirement income needed to cover basic costs, including housing, healthcare, groceries, transportation and utilities. We also rated cities based on their livability, and only considered cities where the percentage of seniors in the population was 10% or higher.
6. Winston-Salem, North Carolina
Total annual expenditures: $42,390.63
Percent of population age 65 and older: 15.67%
Livability score: 64
Winston-Salem is one of the best places to retire on a budget thanks to a cost of living that’s 18.7% lower than the national average. Housing is also really affordable here, at 37.5% less than the national average, or $11,795.00 per year.
No comments:
Post a Comment