5 Best Places to Retire in Maine

3. Augusta

Insider Monkey Score: 91

Livability: 78

IM Cost of Living Index: 88.3

Median House Price: $280,000

Our next pick is a winner for the financially conscious retiree. With a cost of living that is 11.7% lower than the national average, Augusta is a great place to retire on a budget. The city’s low cost of living is not an indicator of a lack of amenities, however. Residents can find plenty to do in the city – dining out, shopping, relaxing in nature – Augusta has it all. Retirees can also rest assured as the city has medical facilities available such as the Alfond Center for Health and the MaineGeneral Medical Center.