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9 Low-Cost Waterfront Places For a Happy Retirement

December 28, 2021 · Retirement Life
waterfront places
Photo by Sean Pavone from Shutterstock

8. Chicago

Chicago, while not a conventional beach resort, is located on the shores of the massive Lake Michigan. The third most populated city in the United States has a plethora of big-city advantages. Nonetheless, housing in Chicago is less expensive than in comparably sized coastal cities.

A mortgaged property costs a median of $1,861 per month, while you may rent for a median of $1,092 per month. Chicago is lucky to have two hospitals on the U.S. News Best Hospitals list: Northwestern Memorial Hospital and Rush University Medical Center.

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3 comments on “9 Low-Cost Waterfront Places For a Happy Retirement”

  1. Kathleen says:
    August 7, 2023 at 7:59 am

    Florida is no longer an inexpensive place to retire! The insurance for both homes and cars is off the hook here and taxes are also riding. Sales tax on everything is 7.5, property tax as well as infrastructure tax call CDD are high.

    Reply
  2. DKF says:
    March 8, 2023 at 5:43 pm

    I don’t know where you produced this list, but Florida should not be on it. Prices in this state have skyrocketed.

    Reply
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