5 Best Cities to Retire in the U.S.—Top Picks by Region.
When you picture your dream retirement, do you see yourself lounging on a beach, hiking forested trails, or enjoying cultural events in a charming small town? Whether you’re drawn to the mountains, coastlines, or vibrant city life, choosing the right place to retire can make all the difference—especially when it comes to affordability and quality of life.
To help narrow down your search, Investopedia and Travel + Leisure teamed up to identify the best retirement destinations across the United States. We’ve spotlighted one standout city in each region—Northeast, Southeast, Midwest, Southwest, and West—based on housing costs, health care access, recreational options, and tax-friendliness.
Northeast: Hermitage, Pennsylvania
Why it stands out:
Hermitage offers a relaxed pace of life, small-town charm, and exceptional affordability. The median home value is below the national average, and the area boasts 12 public golf courses, including the world’s only free golf course—a major perk for retirees who love to hit the links.
With a median age of 45 and a household income around $60,614, Hermitage is ideal for retirees looking for a quiet, active lifestyle without high living costs. Plus, Pennsylvania does not tax Social Security or most retirement income, giving your budget extra breathing room.
Southeast: Waycross, Georgia
Why it stands out:
Tucked next to the famous Okefenokee Swamp, Waycross is a nature lover’s paradise. Its downtown district offers Southern charm, while the surrounding area is perfect for fishing, birdwatching, and boating. The town of just 13,643 has the lowest median home value on our list—just $106,500—and median monthly housing costs of only $736.
Waycross’s mild climate, low cost of living, and serene atmosphere make it an excellent retirement choice in the Southeast. Georgia also exempts Social Security income and offers significant deductions on other retirement income.
Midwest: Toledo, Ohio
Why it stands out:
Retirees who want big-city amenities at small-town prices should consider Toledo. With a population of over 230,000, it offers world-class health care—including 887 health care providers and 81 hospitals in the county—and a thriving cultural scene, anchored by the Toledo Museum of Art.
The median home price in Toledo is significantly below the national average, and the cost of living is low overall. Add in beautiful parks, riverside views, and access to Lake Erie, and you have an affordable, engaging city for an active retirement.
Southwest: Albuquerque, New Mexico
Why it stands out:
If you love sunshine, art, and a little adventure, Albuquerque may be the place for you. This high-desert city offers over 1,500 health care providers, low transportation costs, and easy access to Albuquerque International Sunport Airport—just 4 miles from the county center.
Retirees here enjoy cultural attractions like the International Balloon Fiesta, historic Old Town, and nearby national parks. Plus, New Mexico has one of the lowest property tax rates in the nation. With a median age of 38, Albuquerque offers a vibrant community with a mix of young professionals, families, and retirees.
West: Twin Falls, Idaho
Why it stands out:
Home to the stunning Shoshone Falls, known as the “Niagara of the West,” Twin Falls combines breathtaking natural beauty with practical affordability. It offers a modest cost of living, low climate risk, and strong access to health care—perfect for active retirees.
Outdoor enthusiasts can hike along the Snake River Canyon, kayak beneath waterfalls, or simply relax in one of the many local parks. With a friendly community and small-town feel, Twin Falls makes it easy to embrace a slower, scenic retirement.
The Bottom Line: Best Retirement Cities by Region
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Northeast: Hermitage, Pennsylvania – affordable living, great golf, and tax-friendly.
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Southeast: Waycross, Georgia – low housing costs, mild climate, and rich natural beauty.
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Midwest: Toledo, Ohio – top-notch health care, lakefront views, and vibrant culture.
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Southwest: Albuquerque, New Mexico – sunny weather, artsy vibes, and low taxes.
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West: Twin Falls, Idaho – stunning landscapes, outdoor fun, and small-town charm.
Everyone’s retirement goals are different—some prioritize cost, others focus on nature, healthcare, or climate. But no matter your priority, these five cities offer a smart blend of affordability, comfort, and lifestyle perks, making them top choices for your golden years.
