5 Best Places to Retire in Idaho

This article takes a look at the 5 best places to retire in Idaho. If you wish to check out our detailed analysis on retiring to the Gem state, you may go to the 12 Best Places to Retire in Idaho.

5. Preston

Insider Monkey Score: 23    

Cost of Living Index: 95.1    

Median Home Price: $434,000        

Livability Score: 77

Seniors can also choose to grow old in Preston, Idaho. This city may be small, but packs in all the things that make it a good retirement destination. Retirees love it for its small-town vibe, scenic landscapes, and the recreational opportunities that it offers. The cost of living here is 4.9% lower than the national average, and houses are affordable as well. The annual Idaho Festival of Lights is certainly the highlight of Preston and one of its largest events.

4. Pocatello

Insider Monkey Score: 24    

Cost of Living Index: 89.2    

Median Home Price: $315,000        

Livability Score: 82

Pocatello is placed higher on our list of best places to retire in Idaho because of the greater savings it brings to retirees. Since the cost of living is 10.8% lower than the national average, seniors can stretch their retirement savings further when they choose to live here. Seniors can enjoy a good show at the Stephens Performing Arts Center, check out the World Famous Museum of Clean, or walk or bike at the Portneuf Greenway. Overall, this city offers seniors the perfect blend of natural beauty, recreational opportunities, and community engagement. The livability score is proof of the high quality of life that it offers its residents.

3. Idaho Falls

Insider Monkey Score: 25    

Cost of Living Index: 94.3    

Median Home Price:  $340,000        

Livability Score: 85

No list of best places to retire in Idaho can be complete without Idaho Falls. Nestled along the scenic Snake River, Idaho Falls is a retiree-favorite because of its affordable cost of living, plentiful outdoor opportunities, and picturesque landscapes. Seniors who love art and culture will especially love it here as it is home to art museums and galleries. There are beautiful parks, hiking trails, and even waterfalls that add to the beauty of this region and offer seniors much to do every day.

2. Blackfoot

Insider Monkey Score: 25    

Cost of Living Index: 88.5    

Median Home Price: $272,000        

Livability Score: 82

Blackfoot, the second pick on our list, is a city in Bingham county. This place grows the most potatoes in the world, and potato-loving seniors should consider retiring to this city instead of anywhere else. Top it with the affordable cost of living that Blackfoot offers, and retiring here can be a dream. Seniors can also hike along the Snake River, explore the Eastern Idaho State Fair, and participate in the many community events and festivals happening around town.

1. Burley

Insider Monkey Score: 28    

Cost of Living Index: 83.6    

Median Home Price: $252,000        

Livability Score: 73

Burley tops our list of best places to retire in Idaho owing to its affordable cost of living, tranquil vibe, and friendly community. Its location in the heart of the scenic Magic Valley is a plus, offering seniors beautiful views and ample recreational opportunities. The city is bursting with natural wonders as well, such as the scenic Snake River and the nearby Sawtooth Mountains where seniors can spend hours hiking, boating, fishing, and much more. The best thing about Burley, however, is its affordable cost of living. The living expenses in this city are 16.4% lower than the national average, housing is quite affordable, and the livability score implies seniors can live a good quality of life.

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