Across the United States, there is no shortage of high-priced retirement places and communities. However, believe it or not, a quality apartment may still be found for $100,000 or less. You’ll have to pay for shiny and new (though a smaller unit in a brand-new building or neighborhood may often be had for less than $100,000).
There are, however, a number of “oldies but goodies” out there, including age-restricted, 55-plus buildings developed in the 1960s, 1970s, and 1980s that are still running strong and provide a larger range of less priced units. To compile this list, we consulted with brokers in Florida, Arizona, and Pennsylvania, as well as combed through real estate listings and websites.
Am familiar with the Sandwich, IL area, having lived a few miles away in Oswego for 19 years. Could not retire and stay in IL due to the incredibly high property, school and income taxes which in 2019 made my mortgage payments more that twice what I now pay in TN. Had a nice house with protected Federal Wildland and a small lake behind our 3 bedroom, 2 bath ranch. Great area despite being under Pritzker’s political thumb. But the taxes were a killer.
My name is Eddie Marshall and I have lived in Las Vegas since 1994. I am 50 years of age and I was thinking about relocating to Florida within the next year. I need a comprehensive layout plan of how much I need to sustain my living expenses compared to Florida’s Cost of Living. I was thinking about retiring within the next 5 years. I don’t necessarily need to live in a Retirement Community. What are your thoughts, ideas, and suggestions for my plans? Have a Great Day.
RETIRED IN USA; Knowing places to retire is important, not just for inexpensive housing but also for places which are the least expensive in other areas, such as taxes and food prices.
In future articles, maybe you could suggest places which are the least expensive to live in comfort during one’s final years, without worrying about having to decide where to spend their money.
Thank you in advance for your consideration!
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