But while many beach communities are cost-prohibitive, a surprising number are within reach for those who aren't millionaires. Its an amazing retirement destination with its white sand beaches, casino resorts, championship golf courses and museums and historic sites. Theres still a lot of areas in Hyannis that are very affordable, says Jeanette Neeven, a Realtor with Century 21 Cobb Real Estate. "It's a popular gay retirement . In minutes, you can connect with a local or remote advisor and get a free initial consultation. Whether seeking history, solitude, or a vibrant nightlife, the East Coast has got it all in the unique little towns speckling its pristine shorelines. Not only are there East Coast cities where living is affordable, but the new move toward working from home also makes changing cities while keeping your job more accessible than ever before. Ithaca is a small picturesque town in the upstate New York Finger Lakes region. The stunning Olympic National Park, with its lush green forests, hot springs and glacier-capped mountains, lies nearby as well. Key Biscayne, an island off the coast of Miami, is a great place to explore the Atlantic Ocean. Jacksonville offers all the big city comforts and cultural entertainment, a growing craft beer scene, and the most extensive urban park system in the US, as well as coastal zones. 25. If hunting for shark teeth wont keep the grandkids occupied, chances are nothing willbut you could always try taking them to the arboretum or Historic Venice Train Depot, or take them for a boat ride. 3. It also ranks first on our list of the best places to retire in Georgia. 7. LindaZ74 / Shutterstock. The average is $399.14, while Las Vegas and Reno, Nevada, lead the way at $421.31. 2. Seals actually do galumph around on the shore. Whether you prefer white sand beaches or majestic mountain ranges, read on to discover the best places to retire on the east coast. This quaint coastal town lies east of Bay St. Louis and it is known\ for its arts and festivals. In order to uncover the research, the team at Showers To You ranked over 50 locations on a variety of factors including average house prices in . Cape Coral was named one of the top 25 places to retire by . You can explore lovely museums, historic homes and linger on the 2.2 miles of beautiful beach. It is also close to both Philadelphia and Baltimore, so both cities amenities and recreational opportunities are within easy reach. The median home value in the city is $182,800 and youll pay around $1,291 in property taxes each year and $940 in housing costs every month. U.S. News also named Melbourne its tenth best city to retire in and one of the safest places to live and ranked it highly for quality of life. At extreme high tides or after winter storms, the water pushes up to to 50 feet in the air. Not every retiree wants to live in the heart of the big city but this lovely unincorporated community by the water offers the best of both worlds, lying just 20 minutes away from Baltimore. Fort Pierce, located on the Indian River Lagoon, is known for its excellent fishing and beautiful beaches. Bel Air is also clearly popular among older people. The mild weather, coastal scenery, good airport, and myriad amenities have made Murrells Inlet a desirable retirement destination for Northeasterners seeking a break from high tax rates and harsh winters. Located at the mouth of the Thames River, this seaport citythe second-largest whaling port in the world back in the Moby Dick daysboasts a historic waterfront district that has become the creative hub of the city with art, music, and design venues, unique boutiques, and more than 30 restaurants. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. If you want to visit one of the many beaches in Oregon, you may be wondering which of their many beaches is considered the safest! 1. Or go swimming at Sunset Beach and Fred Howard Park. You could also be saving $1,000 a year or more by choosing the right home insurance policy online. Kick off your flip flops and you can walk for miles along the wide sand beach. Visiting your beach house a few times a year may give you a different experience to coastal city residents. If you bought Google stock when it was cheap, Key Biscayne, just a few miles out in the water from Miami may be the ultimate town for beach lovers in Florida. These areas are active, scenic, and rich . Flickr JR P. Darien is one of the premier coastal towns in Georgia. Monthly grocery costs also show a wide range. 2) Key Biscayne Florida. Centrally located on the Chesapeake Bay side of the Eastern Shore, Onancock is an inviting small town that was founded in 1680. Long Beach, NY. Sink your toes into sugar-white sand beaches that are reportedly composed out of fine quartz grains from the Appalachian Mountains. Placencia is a haven for beach connoisseurs. Hampton, which the town website describes as a city with an old soul and a youthful enthusiasm, features some lovely historic attractions and museums, golfing and boating opportunities and fantastic dining options. There are plenty of spas, salons, restaurants and live entertainment to enjoy, and you can grab fresh produce and seafood at the Fresh Market on Tuesdays. From the peaceful dunes of Cape Cod and the warm waters of the Gulf of Mexico to the wild cliffs of the Pacific Northwest, these are the top 10 affordable beach towns and cities across the United States where retirees can kick back. If you have never been to this area it truly is beautiful. Hilton Head Island, South Carolina. Atlantic City, New Jersey. Overlooking the shores of Lake Michigan, Saugatuck is home to several serene beaches that feature soft sand, rolling dunes and peaceful atmospheres. Hawaii and Florida offer stretches of awe-inspiring coastline, with beaches, It can be tough to pick one with so many lovely places to choose from the miles of pristine beaches in California. 86 / 100. The beaches are long strands of white sand, offering perfect coastal views. If you need to break or get out of a lease, this is what you need to know. Johnson // Shutterstock #100. Average Annual Salary: $52,970. The 20 top coastal towns in the UK for Brits to relocate to have been revealed in a new study and Margate in Kent has taken the top spot, famed for its glorious blue flag-certified beaches, affordable property prices and average hours of sunshine.. Portland, Maine. However, New Hyde Park does have the second lowest senior population percentage on this list at 14.4%. And while the appeal of sand between your toes and an ocean breeze may be enough to sell you on moving to Jacksonville, this coastal city has so much more to offer than the beautiful scenery. The laid-back city boasts a restaurant- and shop-lined Main Street, which spills out to a nice pier and beach. You can stroll around the downtown center and the Historic District and check out the art galleries, antique shops and Greek eateries around the area. This is not a typo: Southern California does, in fact, boast affordable retirement homes right near the coast. Stroll along white sand beaches, browse the boutiques and galleries in Old Town and cast a line for speckled trout or red snappers at one of the numerous fishing piers. Whitecap Beach - Scenic beach in Texas with sizable waves. Cape Coral, Fla. Cape Coral, Florida is a relaxed town just north of Fort Myers along the Caloosahatchee River and the Gulf of Mexico. Welcome to Coastal Dream Life, a website dedicated to helping you achieve your dreams of white sandy beaches and fresh ocean breezes in style. Ocean Springs, Mississippi. Because Cumming is close to Atlanta, you can take advantage of all of the arts and entertainment options the city offers, including professional sports games and museums. Its stunning beaches, lush tropical forests, and majestic mountains make it easy to see why Maui is such a popular destination. . The port town offers great boating, fishing, and nearly every type of water sport imaginable in both the sound and the Atlantic. In Bay St. Louis, homes are valued at around $172,600 and youll pay around $1,140 in annual property taxes and $782 in monthly housing costs. Datalign matches you with vetted registered advisors that can help you improve your investment portfolio and grow your retirement savings safely. Planned developments known as "plantations" dot the area. In addition to its proximity to Naples, Pelican Bay is less than an hour from Fort Myers and only two hours away from Miami. The median annual property tax sits at $2,573 and youll pay around $1,216 in housing costs each month. Tax burden is also important, especially for older people living on a fixed income or off of retirement savings, so we looked at the overall tax burden in 2018. Spending your retirement on the beach can be a dream come true. Ready to take a long stroll down the list together? (Getty . Seniors age 65 and over make up 18% of the population. The median monthly housing costs amount to $811. 50 best beach towns to live in. Curb appeal is important, but it's also about safety. #46. Suppose you must choose between Huntington or Newport Beach for the family holiday and dont know which is better. Places to stay: Creek Watch Villa (6 guests): $125/night Updated Seabrook Villa (8 guests): $123/night Five Oaks Coastal Cottage (11 guests): $166/night There may not be any restaurants or shops on this quiet South Carolina getaway but what it lacks in amenities, it more than makes up for in secluded beauty. You can take a motorized kayak down the Indian River, go horseback riding on the beach or check out the historic waterfront downtown area for shopping, dining and more entertainment options. Population: 1,864,138 Share of population age 60+: 18% Median Monthly mortgage cost: $1,819 Median Monthly Rent: $1,008 The homes in Nashville tend to be more affordable than many of the other cities across the U.S. and as a result, Nashville is becoming more appealing for those retirees that want to experience the wealth of activities that are available in addition to the obvious tax benefits. The median home value is $168,600, property taxes will cost you around $1,567 each year and housing expenses come to about $870 a month. The median home value in Fort Walton is $185,900, while annual property taxes will cost you around $1,366 and monthly housing costs amount to about $1,049. Dont forget to compare health insurance rates to find an affordable policy that gives you great coverage as part of your retirement plan. Daytona also made it to 15th place on U.S. News ranking for the best places to retire. In Ocean Springs, the median home value is $174,000, the median annual property tax is $1,445 and the median monthly housing cost is $1,021. Cocoa Beach is located just south of the Cape Canaveral Air Force Station, and is a favorite surfing destination. Here's how to diversify your portfolio with one of the most popular precious metals. Have a question? With characteristics that appeal to both your lively and laid-back sides, there's a place to call home on this list for any and every beach-bound retiree. Biloxi, Mississippi, ranks at the top of our list as the most affordable beach town in America. Deerfield Beach sits on the southeastern Florida coast and boasts an award . The median home value is $161,700 and the median annual property tax is $1,1986 a bit more expensive compared to Gulfport but youll pay about $737 in housing costs each month. This suburban beach town is best known for its . It also ranks first on our list of the best places to retire in Georgia. Little Shell Beach - Calm beach with smaller shells. Each town has fewer than 20,000 full-time residents (according to the 2010 census), direct access to beaches and water, and notable family-friendly attractions. Activities are also important to a happy retirement, so we looked at the number of recreation centers per 1,000 residents. Retirees can get into active adult communities like Bay Crossing in a $239,000 two-bedroom condo all the way up to a fully kitted-out four-bedroom for $620,000. Youll also gain access to another untouched island by boat Caladesi Island, where you can kayak between the shady mangroves and stroll along the shore. It overtook 2020's winner Gulfport, a Magnolia State neighbor located approximately 13 miles west. 10 Southern Cities to Make Early Retirement Dreams a Reality, 18 Perfect Fall Girlfriend Getaways To Plan Immediately, The Best Southern Mountain Towns for Retirement, The Prettiest Beach Town in Every Beachy State. You may find yourself wondering, though, where exactly you want to spend your golden years. Here's a list of real estate firms worth checking out. One-Time Checkup with a Financial Advisor, 7 Mistakes You'll Make When Hiring a Financial Advisor, Take This Free Quiz to Get Matched With Qualified Financial Advisors, Compare Up to 3 Financial Advisors Near You. The East Coast is diverse, so you'll have plenty of choices among seaside locales, bustling urban centers, places that provide Southern charm and towns known for their fall colors. Biloxi, which sits right next to Gulfport, is Americas most affordable beach city, according to SmartAsset. With homes valued at around $168,300, the median housing cost is $1,209 a month and the median annual property tax is $2,265. Im going to run through several options of affordable East Coast towns. If youve ever wished you could just pack up and head to the beach instead of staring out at the same dreary cityscape, perhaps that dream could become a reality. Beyond that, Exeter has a number of historic churches, including one dating back to the 17th century, and its also home to the American Independence Museum. Retirees are undoubtedly drawn to these areas by the active, beach lifestyle, says Danielle Hale, chief economist for realtor.com. Florida would appeal to anyone looking for a great place to live that offers easy access to Orlando and Florida's east coast beaches. It might be time to review that far-away dream of life on the coast and waking up to the sound of waves and gulls and having a look at the affordability of East Coast beach houses. Are you confident in your retirement savings? The current median house listing price is $210k. Photo credit: iStock.com/FatCamera, iStock.com/monkeybusinessimages, iStock.com/FatCamera. That tax rate is the fifth highest on this list. Beaufort, North Carolina. 2 . SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. And youll pay around $1,009 in annual property taxes and $455 in monthly housing costs. The Most Affordable Places to Live on the East Coast. Theres an outlet shopping center and a casino. Stroll down the boardwalk for more entertainment options and shopping. Keep a lookout for ospreys, eagles and great horned owls flying overhead. Forbes compared nearly 800 locales in America, on everything from housing costs and taxes to healthcare, air quality and climate change and natural hazard risk. Buyers looking for a deal can get into a one-bedroomhome starting around $125,000 or even a four-bedroom right next to the water for $349,000. The South Florida hot spot is the seventh-most populous metro area in the U.S., and its beaches attract vacationers year-round. And we go over some of the numbers taken from Census Bureaus 2019 five-year American Community Survey as well as what makes each city so great to retire in. Good for Retirees. Use these cleaning tips to get rid of dust buildup and improve the air quality in your home. Youll find plenty of recreational activities to do outside in Port Angeles. A two-bedroom condo right near the hospital and within walking distance to Ocean Beach can be had for just $99,000 and $209,900 can fetch a three-bedroom Cape Codder with a master bed and bath on the first floor, blocks from the water. Valletta is the tiny capital city of Malta, a country composed of three islands in the Mediterranean Sea about 60 miles south of Sicily. And its not just pretty to look at Hobe Sounds median home value is just $206,300. 2022 1-bedroom rent: $1,266.29. Great Neck is just down the road from New York City, so all of the culture that the city offers from Broadway to the Knicks are all readily available. Myrtle Beach, SC. Looking to buy a home in California? Photo Credit: Julie McCool. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Instead, the 55-plus crowd has been seeking out budget-conscious, beach alternatives with plenty of outdoor activities and (often) a temperate climate in which to settle down for good. For an elegant retirement, you can't do much better than life on Kiawah Island. The citys Memorial Hospital, which offers senior services, is within easy reach. Many tourists visit this island but are its resources up to standard? Due to its small size, Swansboro will best suit those working remotely or in the tourism industry. This Maryland town does have the highest tax burden of any city on this list at 18.9%, which you should be sure to take into account when calculating your cost of living. Though a four-bedroom on the beach will set you back $1,650,000, a two-bedroom right next to downtown can be purchased for just $249,900. Here's a look at the Best Places to Retire in 2022-2023. Here are the top 10 budget-friendly spots that offer access to the ocean: 1. Its also the medical center for the south coast region, according to the city website. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. Gulfport is one of Mississippis biggest cities, so you wont lack for amenities. Check out the 21 nicest small towns to visit in . It's one of the best places in the country to retire because it has plenty of medical care, social opportunities, retirement centers, and recreation activities nearby. Pronounced "Bowfort" (not "Bewfert" like its South Carolina namesake), this colonial-era village embraces its pirate history. Doing laundry is already a chore, and it's worse if your laundry room is a mess. Metro Population: 6,129,858. Just an hour away from the bustling Big Apple lies Long Beach, New York. Best Places 2022-2023 Rank: 117. It takes 15 minutes to get to everything Myrtle Beach has to offer without having to worry about traffic and stuff.. For a retiree, the city also offers some great dining experiences and outdoor activities like hiking and golfing, and it doesnt cost that much to reside there.