In a new ranking accounting for affordability factors such as property taxes and costs of everyday expenses, AARP The Magazine has ranked the best cities to retire for 2013.
In the most recent retirement ranking, the publication sought locations where retirees can live affordable lifestyles for under $30,000.
The ten cities selected by AARP reflect the most livable budget-friendly retirement areas in terms of median home prices, property taxes and mortgages. AARP also considered intangibles such as wallet-friendly entertainment and the best local eateries in its rankings.
Cities featured on this year’s list include Bangor, Maine; Daytona Beach, Florida; and Erie, Pennsylvania, among other attractive locales for retirees.
“Our readers are interesting in living their best lives without spending a fortune,” said Robert Love, editor in chief of AARP The Magazine. “Each year we aim to find new locations packed with affordable opportunities appealing to the 50+ audience and these are some of the places where this is happening.”
Written by Jason Oliva