Though the name may seem ironic, Youngstown, a city of around 65,000, offers a perfect mix of Midwestern charm and affordability. Housing prices here will make your retirement savings stretch further, and Ohio's tax-friendly policies for retirees are a nice bonus.
Dive into the city's industrial past at the Youngstown Historical Center of Industry and Labor, or enjoy the great outdoors at Mill Creek Park. Youngstown has a lively arts scene, too, with theaters, galleries, and music venues to keep you entertained. The tight-knit community here will make you feel right at home in no time.
Hickory, North Carolina offers small-town living with big-time charm. This cozy community of 41,000 sits pretty in the foothills of the Blue Ridge Mountains. The cost of living here is like a breath of fresh mountain air - super affordable. And remember, North Carolina doesn't tax Social Security benefits.
Stroll through the historic downtown, packed with quaint shops, restaurants, and galleries. Outdoor enthusiasts will love being so close to Lake Hickory and the Pisgah National Forest. With its mild climate and top-notch healthcare facilities, Hickory's a great spot to kick back and enjoy retirement.
Springfield, Missouri is a gem in the heart of the Ozarks. With about 167,000 residents, it's got that perfect balance of city amenities and small-town charm. The cost of living here is a real treat, and Missouri's tax benefits for retirees are the cherry on top.
Nature lovers will be in their element with parks like Nathanael Greene/Close Memorial Park right in the city. Fancy a scenic drive? The Ozark Mountain Highroad is calling your name. Downtown Springfield is always hopping with shops, restaurants, and entertainment. Whether you're into outdoor adventures or city life, Springfield's got you covered.
If endless sunshine is your dream, check out Brownsville, Texas. This Rio Grande city of 183,000 is a retiree's paradise. The cost of living here is like music to your ears, with housing prices that'll make you want to dance. Texas is super tax-friendly for retirees, with no tax on Social Security or retirement account withdrawals.
Soak up the sun at nearby South Padre Island, or dive into history at the Palo Alto Battlefield National Historical Park. Brownsville has a vibrant cultural scene, too, with museums, galleries, and festivals galore. And hey, Mexico's right next door - perfect for day trips and authentic tacos!
Now here's an interesting option - the Huntington, West Virginia, and Ashland, Kentucky-Ohio area. This tri-state region gives you a taste of three states for the price of one! With a combined population of over 300,000, you've got plenty of amenities without the big city hustle. The cost of living is a bargain, and the area offers some tax perks for retirees.
Nature lovers will be in heaven with the rolling hills of West Virginia and the scenic Ohio River. History buffs can explore places like the Heritage Farm Museum and Village. And if you're a country music fan, take a drive along the Country Music Highway. The close-knit communities and Southern hospitality will make you feel like you've always belonged here.
Let's not forget Fort Wayne, Indiana. This Midwestern charmer of 270,000 people is a hidden treasure for retirees. The cost of living here is a breath of fresh air, with housing prices that'll make you do a double-take. And remember, Indiana's tax benefits for retirees apply here too.
History buffs will love exploring the Fort Wayne Museum of Art and the Historic Old Fort. If you're into the great outdoors, the city's extensive trail system is perfect for walks, bike rides, or just enjoying nature. Downtown Fort Wayne is always buzzing with shops, restaurants, and entertainment. It's got that friendly Midwestern vibe that'll make you feel right at home.
Winston-Salem, North Carolina is another gem you shouldn't overlook. Nestled in the Blue Ridge Mountains, this city of 250,000 offers Southern hospitality with a side of culture. The cost of living is easy on the pocket, and you've got your pick of housing from historic homes to modern apartments. North Carolina doesn't tax Social Security, which is always a plus.
Art lovers will dig the Reynolda House Museum of American Art, while music fans can catch performances at the Stevens Center. Outdoor enthusiasts, you're in luck too - Salem Lake and Tanglewood Park are perfect for soaking up nature. With a thriving arts scene and the Appalachian Mountains in your backyard, Winston-Salem's got something for everyone.
Now, if you're dreaming of Southern charm, let's talk about Mobile, Alabama. This historic city of 188,000 is dripping with character. We're talking seriously affordable living here, with housing prices that'll make your wallet smile. Alabama's super friendly to retirees, skipping taxes on Social Security and retirement account withdrawals.
Spend your days exploring gorgeous historic districts like Oakleigh Garden, or enjoy the buzz of downtown with its quirky shops and tasty restaurants. The mild climate means you can enjoy outdoor activities year-round. Whether you're into fishing, golfing, or just chilling by the water, Mobile's got you covered. And don't miss out on the festivals - this city knows how to celebrate!
Next on our list is Toledo, Ohio. Sitting pretty on the Maumee River, Toledo's home to about 274,000 folks. It's a hidden gem for retirees watching their wallets. Housing here is a steal compared to national averages, and Ohio gives Social Security benefits a pass on state income tax.
You've got the Toledo Museum of Art for your culture fix, and the Toledo Zoo for a fun day out. Nature enthusiasts will love the Toledo Botanical Garden. And let's not forget, you're right in the heart of the Great Lakes region. Want to hit the beach or ride some rollercoasters? Lake Erie and Cedar Point are just a short drive away.
South Bend, Indiana. Home to Notre Dame, this charming city of about 101,000 offers a perfect blend of culture and affordability. You've got museums, theaters, and art galleries without the big city price tag.
Nature lovers can explore the St. Joseph River or stroll through numerous parks. The cost of living is way below the national average, and get this - Indiana doesn't tax retirement income! Plus, you're just a hop, skip, and a jump away from Chicago if you're craving some big city excitement. South Bend has that small-town feel with big-city amenities nearby.
You don’t need to pay an arm and a leg to retire by the beach. Enjoy warm weather and low costs of living in Daytona Beach. Daytona Beach is famous for headquartering NASCAR and for its beachside motorsports. For those who aren’t as interested in sports, don’t worry. Art classes at the Art League of Daytona Beach are fairly affordable, and the Museum of Arts and Sciences is a network of museums and galleries in the city. There is no social security or pension tax in Florida.
Daytona is one of the perfect places to retire without blowing through your savings. It’s low tax rate along with the many things to do means you can enjoy your retirement fully. Plus, the weather is beautiful! This is definitely a hot spot for retirees.
Pueblo is a warm, relatively quiet town. The cost of living is nearly 14% below the national standard, and retirement income (social security and pension) up to $24,000 ($20,000 if you’re under 64) is tax-free. Residents of Pueblo are known for their longevity and nearly nonexistent stress levels. Who would be stressed living in this beautiful, affordable town?
No one! It's mild climate and beautiful scenery make it a great place to settle down with that nest egg. If you’re a nature enthusiast, Colorado is a wonderful place to trek and explore. From snow topped mountains to rocky gardens, there’s no shortage of things to see.
Gainsville is a peaceful southern town, but you won’t be short of things to do. This city of roughly 40,000 is home to 15 golf courses and a beautiful lake, perfect for boating. Gainsville residents are close to hiking trails in the Blue Ridge Mountains and the Chattahoochee and Oconee National Forests.
If you’re not the outdoorsy type, you can always drive 30 minutes to one of two nearby outlet malls. Georgia doesn't tax social security, but it does partially tax pensions. With no shortage of things to do, and a relatively reasonable tax situation, Gainesville isn’t too shabby for a retirement destination.
There’s always something going on in Roanoke, also known as the “city of festivals”. The Roanoke Festival in the Park, Strawberry Festival, and Virginia Championship Chili Cook-off (to name a few) are among the most popular celebrations in town. Downtown Roanoke boasts plenty of museums and a planetarium for you to enjoy.
Food, transportation, and health care costs are below the country’s average. Virginia doesn't tax social security, but it does partially tax pensions. The city's mix of fun events and low cost of living make it a hot spot among retirees looking to settle down and enjoy the easy life. Roanoke should definitely be on your list.
Pittsburgh’s cost of living is 16% below the national average. You won’t be bored in this big city; between the Steelers and the symphony, there’s always something to do in Pittsburgh. You’ll be able to buy a home for cheap; compare the median Pittsburgh value of $152,600 to the U.S. median value of $226,700. Pennsylvania doesn't tax social security or pensions.
The low cost of housing and comfortable tax rates makes Pittsburgh an excellent choice for retirees. Retirement is all about living on a budget, and when that dollar goes further it can make your day-to-day fun money can also go further. Retirement is all about enjoying your time, so live it up in Pittsburgh!
Affordable housing and city entertainment can be found in Tulsa, Oklahoma. This small city is rather cultured. Not only is Tulsa a common tour stop for musicians, The Tulsa International Film Festival was launched in 2011. Also, entrance to the Philbrook Museum of Art is a mere $7 for seniors.
Tulsa is very bike and pedestrian-friendly, making an active lifestyle much easier. Oklahoma partially taxes pensions, but it doesn't tax social security. If you’re looking for a place to retire that is conducive to a healthy lifestyle Tulsa may be the place for you to settle down. There are tons of things to do in Tulsa all without breaking the bank. Give the city a visit and see if it’s fit to be your next home.
Access to health care professionals is definitely not an issue in Rochester, home to one of the most prestigious medical organizations in the world, the Mayo Clinic. You’ll also find a variety of historic landmarks in Rochester, such as the Chateau Theatre and the Avalon Music Hotel, an integral part of the local civil rights movement.
This safe Midwestern city’s cost of living rating is 10.4% lower than America’s standard. Minnesota partially taxes social security, and pensions are fully taxed. While the tax situation in Rochester is a little less desirable, those taxes go to good use for the medical infrastructure available in the area.
Although it may surprise you, the largest city in Nebraska has a lot to offer. Did you know Omaha is famous for its jazz? Check out some jazz clubs in the Old Market area to sample some famous “Omaha Sound”. Housing opportunities are opening up in the Midtown Crossing area, which features stylish new apartments, boutiques and restaurants.
Who knew you could enjoy city living at a fraction of the price? Nebraska partially taxes social security, and pensions are fully taxed. What makes Omaha such a great place to live is it’s quality of place. Omaha is a fun and desirable place to be. You can eat, shop, and play all in one place. All while enjoying every minute of retirement.
Love the big city but hate big city prices? Consider San Antonio. It’s easy to get around and stay fit, thanks to the new $10 a day bike-share program. The River Walk is a perfect spot to finish a day on the town—or you can spend your evening watching a Spurs basketball game.
San Antonio is the largest city on our list in terms of population, yet it doesn’t feel as hectic as a city of one million should be. Welcome to the perfect mix of city living and relaxation. Texas doesn't tax pensions, social security, and other types of retirement income, although property taxes are quite high.
If you enjoy the great outdoors, you’ll love living in Spokane. Go fishing in one of over 70 lakes and rivers, then ski in the Rockies the next day. Spokane has more to offer than its proximity to natural beauty; its charming neighborhoods and active downtown life make this Northwestern town a lovely place to retire to.
Washington is another state that doesn't tax social security and pensions. When your income is fixed, taxes become a large part of considering where to live, so Spokane is a wonderfully smart place to retire to make the most of your finances. Besides being a smart decision financially, Spokane is beautiful and serene.
Lancaster has a lot of Amish communities, meaning farmer’s markets will be full of fresh foods with good ingredients. That being said, Lancaster has plenty of stuff for seniors to do, like a vibrant arts scene. As the cherry on top, Lancaster also has tax breaks for retirees! Pennsylvania doesn't tax social security or pensions.
It’s almost like Lancaster was made for retirees. From the financial perks of retiring in Pennsylvania and the wonderful markets to shop around. If you’re a person who enjoys old fashioned goods and lifestyle, Lancaster has a lot to offer. We suggest taking some time to visit and enjoy the many activities in Lancaster.
Everyone knows that Florida is one of the top retiree states, and Orlando is one of the best ones. It’s a hot spot for tons of activities, and better yet, that doesn’t impact affordability. Florida also has tax breaks for retirees (no pension or social security tax), so what are you waiting for? Go have some fun in the sun.
Florida is the closest thing you can get to a tropical vacation while not leaving the states. The warm climate of southern Florida never slips into cold winter temperatures. So, if you’re looking to get away from the cold, Orlando is perfect. Life on the beach is a good one. Book a trip to Orlando and see if it’s for you!
Washington is a beautiful state, but it can be very expensive. Wentachee doesn’t break the mold with the median home value sitting just under $300,000. However, Wentachee is a small community that’s 150 miles from Seattle. It also has low crime rates, easy access to medical care, and no income tax.
Washington is another state that doesn't tax social security and pensions. So, if you can afford to own a home in Wentachee you can enjoy the natural scenery of Washington with close proximity to Seattle. The low taxes make Wentachee a perfect place to live on a fixed income comfortably.
Huntsville has plenty of cultural activities to keep retirees busy. Not to mention, it’s close to the University of Alabama, where seniors over 65 can take classes for free. Huntsville is also extremely affordable for lower-income retirees because of a low cost of living. There is no social security or pension tax in Alabama.
Huntsville is a community that’s always got something going on to be a part of. There are tons of art and food festivals in the city that are fun ways to be involved in the community and get out of the house. But the cheap cost of living in the area makes living on a fixed income so much more comfortable.
Fort Myers, Florida is one of the top-rated places to retire in the United States. Why? It has fantastic, sunny weather. It also features charming shopping areas and history that other places can’t boast—Thomas Edison and Henry Ford had winter homes in Fort Myers. There is no social security or pension tax in Florida.
You can see why people have been vacationing to Fort Myers for a long time. It’s a wonderful community in sunny Florida that is the closest thing you can get to the Hawaiian minute while staying in the states. If you’re unsure, just take a trip to Fort Myers and see what it’s all about.
Iowa?! Yes, Iowa. The Midwest is a great place to retire because it’s incredibly rich in history. Iowa City has been named a UNESCO City of Literature, which is ideal for writers and book-lovers alike. The cost of living isn’t extremely low, but the state offers exempt social security benefits from state income tax.
Iowa taxes pension plans, but anyone 55 and older is eligible for a deduction up to $6,000. So, if you’re looking to retire early, that bonus sets Iowa city aside from the rest. Cost of living is probably one of the most important factors when choosing a place to retire.
Want a true winter? Sioux Falls is the choice for you—not to mention it ranks pretty high on most lists for retirees. No, Sioux Falls isn’t a hot spot of activity, but it does have amazing health care, which is pretty important to most retirees. South Dakota doesn't tax social security or pensions.
If you’re looking for slow sleepy winters, Sioux Falls is just for you. There’s nothing wrong with retiring to the woods of South Dakota for a while. South Dakota’s scenery is one of the most beautiful in the country. It’s not for everyone, but if you love rustic living Sioux Falls may be for you.
If you want something to do at all times, Phoenix is the place to be. There are plenty of opportunities to do something, and the weather is almost always perfect. It can get a little hot, but without humidity, you don’t feel it. Phoenix is also one of the more affordable major cities on the list.
While social security isn’t taxed, pensions are taxed raging from 2.59% to 4.54%. If you’re looking for a warm place that will keep you occupied, Pheonix is for you. If you’re a nature enthusiast, there are tons of beautiful places to hike and see. One thing is for sure, Phoenix is like no other.
Forbes picked Asheville, North Carolina as one of the best places to retire, and we agree. Housing is a little more expensive, but Asheville is all about location, location, location. It’s close to the Great Smoky Mountains National Park, and you don’t have to worry about the state taxing social security.
North Carolina does tax pension accounts with an income tax rate of 5.499%. It’s location close to the mountains makes this scenic city the perfect place to slow down and smell the roses. Asheville is no stranger to retirees, so you’ll be in good company with other retired folks.
Grand Rapids usually flies under the radar, but it shouldn’t be forgotten. This city has a great arts and crafts scene, as well as a range of recreational activities. Our favorite thing about Grand Rapids is the craft breweries, which make some of the best brews in the U.S.
It should be noted that Michigan does tax pension benefits, but it does not tax social security. But those taxes go to good use. Grand Rapids is a gorgeous city in the beautiful state of Michigan. It's the perfect place to take a walk and shop the downtown scene. All in all, it's a great place to retire.
You can’t mention Fayetteville without mentioning the farmer’s market. It gives retirees the chance to shop the freshest fruits, vegetables, and breads. It’s also home to a strong sports community (as long as you love football). Arkansas doesn’t tax social security, but there is a $6,000 deduction on employer-sponsored pension plans.
Arkansas is the natural state for a reason. The lush forests in Arkansas make for cool shady springs. There are several cities that are hidden gems tucked away in the mountains of northwest Arkansas to explore. Great drives, great food, and great people. Give Arkansas a weekend stay, and see if Fayetteville is for you.
Wisconsin may not be the first place you think about retiring, but it’s worth considering. La Crosse is a larger town and is known for its festivals, Oktoberfest being one that most residents look forward to. It isn’t like retirees will be bored! There are numerous restaurants, shops, and opportunities for outdoor activities.
Wisconsin doesn't tax social security, but it does tax pension plans at the fully taxable rates that range from 4% to 7.65%. The great thing about retiring to the Midwest is that people are generally pleasant to be around. We recommend checking out the city during and after the big Oktoberfest festival. It’ll be a good way to see the city during it’s busy season and slow season. Also, the cost of living in Wisconsin is relatively low, so your dollar will get you much more!
If you’re a big country music fan, Nashville is definitely where you need to be. That isn’t to say non-country music fans won’t have a place though, because there's tons more the city has to offer. It’s home of the Grand Ole Opry and the birthplace of many famous musicians.
There’s almost always something to do in the city, so you’ll never be bored. Tennessee doesn't tax social security or pensions. So, if you’re looking for down home country living, or just living in a city with a thriving music scene, Nashville is for you. Book a trip and check it out for yourself!
Denver, Colorado is one of the best places to live whether you’re a retiree or not. Not only is Denver utterly beautiful and offers tons of outdoor activities, but there’s also plenty of shopping and excellent healthcare. Unfortunately, Colorado is on the expensive side. Plus, social security and pension plans are partially taxed.
While the tax situation is higher than other cities on this list, Denver has its perks. The scenery is gorgeous and if you’re a friend of the ganja, it’s recreational there. Otherwise, there are tons of festivals and activities to keep you busy. Book a vacation to Denver and see if it’s for you!
Salt Lake City is one of the best places you can retire. The city is known for having tons of outdoor activities, but it’s also a great place for shopping. Another thing to mention about Salt Lake is the amazing healthcare. In exchange, Utah does charge income tax on social security and pension benefits.
As we get older, choosing where to live based on healthcare becomes more and more important. Quality healthcare in the area you live in can save your life at some point. So, this makes Salt Lake City a notable choice for retirees. Also, the city is thriving with activities to keep you busy.
