Retiring by the ocean no longer requires millionaire savings. These 15 U.S. beach towns are proving that coastal living can still be an affordable option.
Story Overview
- Retirees can live by the ocean without breaking the bank.
- Some U.S. beach towns offer affordable housing and low living costs.
- States with no income tax make coastal retirement even more appealing.
- These towns provide a rich lifestyle without the hefty price tag.
Gulf Shores, Alabama: Affordable Paradise
Gulf Shores offers retirees a slice of paradise at a fraction of the cost found in other coastal areas. With a median home price of $455,208, retirees can enjoy more than 30 miles of white sandy beaches. Alabama’s low property taxes further enhance savings, making it an attractive option for those on a budget. The area is rich in local festivals and seafood restaurants, adding to its allure for retirees seeking a vibrant, yet affordable, lifestyle.
The cost of living in Gulf Shores is about 12% below the national average, making daily expenses manageable. Alabama’s climate provides mild winters and warm summers, ideal for those looking to escape colder climates. With friendly communities and plenty of recreational activities, Gulf Shores continues to attract retirees seeking a fulfilling coastal retirement.
Port St. Lucie, Florida: Affordable Atlantic Access
Port St. Lucie stands out in Florida for its affordability and access to the Atlantic Ocean. With median home prices around $385,423, it’s more affordable than neighboring West Palm Beach. Florida’s lack of state income tax allows retirees to maximize their savings. Residents enjoy a wealth of outdoor activities, including fishing, kayaking, and golfing. The combination of lower costs and a relaxed coastal lifestyle makes Port St. Lucie an appealing choice for retirees.
The city has a strong sense of community, offering various social and recreational activities for retirees. Its proximity to larger cities provides access to healthcare and other amenities without the high costs. For retirees, Port St. Lucie offers a balanced mix of affordability, outdoor living, and community engagement.
Myrtle Beach, South Carolina: A Retiree’s Haven
Myrtle Beach is not just a vacation spot but a haven for retirees seeking affordability and entertainment. With median home prices around $310,000, it’s significantly cheaper than the national coastal average. South Carolina’s tax-friendly policies, including deductions on retirement income, make it financially appealing. The area boasts 60 miles of sandy beaches, numerous golf courses, and a variety of entertainment options, ensuring retirees have plenty to do.
The healthcare system in Myrtle Beach is robust, with multiple hospitals and clinics. The city’s community is welcoming and diverse, providing opportunities for socializing and volunteering. With its affordable housing, tax benefits, and vibrant lifestyle, Myrtle Beach remains a top choice for retirees who want to enjoy life by the sea without overspending.
Virginia Beach, Virginia: Coastal Living with Benefits
Virginia Beach surprises many with its blend of affordability and amenities. Median home prices are around $360,000, lower than many East Coast counterparts. The city offers 35 miles of beaches, cultural attractions, and a range of dining options. Retirees benefit from a solid healthcare network and a cost of living slightly above the national average, making it a financially wise choice.
Virginia Beach’s community is active, with numerous clubs and organizations catering to retirees. The city’s location provides easy access to historical sites and natural attractions. With its balanced mix of cost, culture, and community, Virginia Beach is a compelling option for retirees looking for coastal living without financial strain.
