1. Data

Looking for the most affordable place to retire? Six Florida cities ranked in the top ten

Tampa, Orlando, Lakeland and Jacksonville are among the most wallet-friendly cities to retire, according to a new survey.
Published Feb. 4
Updated Feb. 4

Of all the factors to consider when you retire, affordability is one of the most important. New survey data from narrowed down the 20 most affordable retirement destinations in the county, and almost half are in Florida.

The cities were ranked based on a survey of readers. The survey looked at every major metropolitan area across the United States that had at least 50,000 residents. Some cities were removed from the running based on factors like crime and extreme climate conditions. The remaining 215 cities were assessed based on twelve data points, including average home sale price, cost of living, health care options and rates of volunteerism.

Here’s the full list of the top most affordable cities.

20. Indianapolis

[Photo courtesy of Indianapolis Convention & Visitors Association]

19. Wichita Falls, Texas

[Jason Palmer | Wichita Falls Times Record News / AP]

18. Orlando

[John Raoux | AP]

17. Grand Rapids, Michigan

[Mark Bialek | Detroit Free Press]

16. Melbourne, Florida

[Associated Press]

15. Phoenix

[Associated Press]

14. Ft. Myers-Cape Coral


13. San Antonio

[Associated Press]

12. Memphis

[Ben Noey Jr. / Fort Worth Star-Telegram / MCT]

11. Birmingham

[Scott Keeler | Times]

10. Waco, Texas

[Associated Press]

9. Tampa

[Chris Urso | Times]

8. South Bend, Indiana

[Associated Press]

7. New Castle County, Delaware

[Associated Press]

6. Gainesville, Florida

[Jay Nolan | Times]

5. Daytona Beach, Florida

[Susan Taylor Martin | Times]

4. Jacksonville

[Gary W. Green | KRT]

3. Lakeland

[Monica Herndon | Times]

2. Ocala

[Times archives]

1. Sioux Falls, South Dakota

[Associated Press]

To learn more about the methodology and each of the cities on the list, click here.

What do you think of the survey results? Let us know in the comments.


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