10 Best Places to Retire in Florida

This article looks at the 10 best places to retire in Florida. If you want to look at more places, go to 20 Best Places to Retire in Florida

10. Jacksonville

Insider Monkey Score: 3

Another potential retirement destination in Florida is Jacksonville with its biggest highlight being the beach. Jacksonville Beach boasts a pretty lengthy coastline that’s perfect for sunbathing, fishing, swimming, snorkeling, etc. The city also offers great healthcare and affordable living. Median home prices in Jacksonville are around $293,000, while rents are $1,745. The cost of living is reasonable, too, at 6% lower than the national average.

9. Florida Keys

Insider Monkey Score: 3

Retirees may wish to spend their next phase of life somewhere in the Florida Keys island chain. With a large range of recreation, cultural, and entertainment options available, there is so much to do in this place. Those who wish to live closer to Miami or love nature can settle in Key Largo. Outdoor enthusiasts can use Marathon instead. Budget Travel Buff reports the cost of living to be a whopping 151, which implies it is 51% higher than the national average. Median home prices are $999,000. Retirees can still opt for affordable places within the Florida Keys, such as Little Torch Key and Friendship Park.

8. Palm Beach

Insider Monkey Score: 3

Retirees who wish to spend their golden years in style choose to do so in Palm Beach. The city boasts a 146-mile coastline, over 160 golf courses, and over 100 parks. Retirees can hike, bike, and explore the city every day or hit the waters whenever they like. Boat shows, wine fests, and a thriving food scene are other highlights of this coastal town. However, retirees with a huge nest egg can choose to live here, considering the high cost of living.

7. Vero Beach

Insider Monkey Score: 4

The three things that define Vero Beach best are fishing, water sports, and golf. The city also has a thriving theatre community and even an artist’s community. Many shopping options, casual and fancy restaurants, and private fishing charters are available. Boomers love to settle here because of the variety of things to do and the plentiful retirement communities available. The cost of living is cheaper at 81% of the national average.

6. St Augustine

Insider Monkey Score: 4

Oldies love to retire in America’s oldest city called, St. Augustine. The city offers an active outdoor lifestyle, a thriving cultural scene, and some excellent shopping options, such as the St. Augustine Premium Outlets and St. Augustine Outlets. Retirees can also access first-class healthcare in the city. However, the cost of living is 5% higher than the national average.

5. Tampa

Insider Monkey Score: 4

Tampa is often called a safe haven for retirees. The city offers sunshine, gorgeous white sand beaches, and an amazing social life to keep fit and healthy. There are plenty of wine bars, music venues, and clubs to stroll in and an eclectic nightlife. The city also boasts some of the best medical services in the state. Median home prices in the city are $410,000, while living costs are 4% higher.

4. Sarasota

Insider Monkey Score: 4

Sarasota offers lots of amenities that retirees prefer when choosing their retirement destination. From beaches to parks, restaurants, cultural attractions, and even shopping, there are plenty of things to do to keep retirees busy. Median home prices are $495,000, while the cost of living is affordable as it is only 3% higher than the national average.

3. Port St Lucie

Insider Monkey Score: 4

Another ocean-side city that retirees consider for retirement is Port St. Lucie. Laid back lifestyle, big-city amenities, and an eclectic dining scene are three factors that make the city outshine others. There are world-class retirement communities available, lots of retail and grocery options, and, most importantly, lots of entertainment. Median prices are $388,000, while living costs are almost equal to the national average (100.7).

2. Ocala

Insider Monkey Score: 5

Ocala offers retirees the perfect combination of culture, history, and an active lifestyle. The beautiful Florida weather, quality healthcare, and many shopping centers are a few reasons people love to retire here. The city is home to various nature parks, beaches, and museums. The cost of living is 84% of the national average, while median home prices are $278,000.

1. Naples

Insider Monkey Score: 6

The beach town of Naples is a top retirement destination in Florida, and with good reason. Seniors make up half of the population here. The city gives out a healthy and positive vibe, thanks to its friendly people, gorgeous beaches, and beautiful sunsets. The city boasts nature parks, top-rated restaurants, and a vibrant shopping scene. Median home prices are expensive at $720,000, while living costs are 10% higher than the national average.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 30 Best PC Games of All Time and 25 Best TV Shows on Hulu in 2023.