This article takes a look at the 5 places to retire that are just like the West Coast but cheaper. If you wish to check out our detailed analysis on insights and perspectives amidst rising prices, you may go to 15 Places to Retire That Are Just Like the West Coast but Cheaper.
5. Savannah, Georgia
Insider Monkey Score: 39
IM Cost of Living Index: 90.1
Average Rent (1-bedroom): $1,582
Median Home Price: $335,000
Livability Score: 79
Also considered a vacation destination, Savannah in Georgia is one of our top five picks for places to retire that are just like the West Coast but cheaper. This Southern city nestled on Georgia’s coast is renowned for its rich history, vibrant cultural attractions, and abundant opportunities for recreation. The median price of a home is lower than the national median, rents are not too expensive either, and the cost of living is 9.9% lower than the national average.
4. Daytona Beach, Florida
Insider Monkey Score: 43
IM Cost of Living Index: 96.5
Average Rent (1-bedroom): $1,227
Median Home Price: $298,000
Livability Score: 79
Daytona Beach has long been a retiree-favorite and with good reason. Low cost of living, affordable rents and housing, and an excellent livability score makes this city a star destination. It is also home to sandy beaches, many golf courses, and beautiful water parks. Those who choose to retire here are never going to have a dull day in their life.
3. Pensacola, Florida
Insider Monkey Score: 43
IM Cost of Living Index: 92
Average Rent (1-bedroom): $1,349
Median Home Price: $315,000
Livability Score: 79
Another Florida star on our list, Pensacola beats others to the top three because of its low cost of living and admirable livability score. Similar to the West Coast, retirees get to enjoy a coastal lifestyle here, enjoy the stunning white sand beaches, and even the abundant opportunities for recreation that it offers.
2. Mobile, Alabama
Insider Monkey Score: 46
IM Cost of Living Index: 85.6
Average Rent (1-bedroom): $1,173
Median Home Price: $189,000
Livability Score: 68
If affordable cost of living and a coastal lifestyle are your true calling, then Mobile is just the destination for you. Nestled on the Gulf Coast, Mobile is a great option to consider for retirees. Everything from its historic architecture to seafood restaurants and outdoor markets screams of its attractiveness for a retiree. Add in the low housing and good livability score, and Mobile makes a lot of sense.
1. Biloxi, Mississippi
Insider Monkey Score: 50
IM Cost of Living Index: 83.3
Average Rent (1-bedroom): $1,038
Median Home Price: $31,9000
Livability Score: 72
Similar to West Coast cities, Biloxi is the ideal retirement destination to enjoy beautiful beaches and scenic waterfront views. Fun-loving seniors will especially love this place because of its reputation for casino resorts, passing time in activities such as gambling. There is a rich culinary scene here too, as well as ample opportunities to enjoy the outdoors.
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