5 Best Places to Retire in Alabama

4. Rainbow City

Insider Monkey Score: 90

Livability Score: 64

Cost of Living Index: 80.2

Median House Price: $277,450

Environmental Score: 66

Rainbow City in Etowah County is our next pick. With a small population of just over 10,000 residents, Rainbow City is the ideal location for senior citizens craving a peaceful and laid-back retirement. The city gets its name from the road that passes in between the city – the US Highway 411 called Rainbow Drive. Residents can catch live music at the Little Bridge Marina barbecue restaurant, purchase authentic finds at the Rainbow City International Market, and dive into the world of literature at the Rainbow City Public Library.