It even has an airport and ferry terminal that connects the mainland to Marthas Vineyard and Nantucket. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Instead, the 55-plus crowd has been seeking out budget-conscious, beach alternatives with plenty of outdoor activities and (often) a temperate climate in which to settle down for good. It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. 11 . Just like many of you dreaming about a coastal dream life, we can make this a reality through information and inspiration! The median house price listing is $235k, but there are small gems to be found in this delightful town. Placencia: An Irresistible Beach Community. Centrally located on the Chesapeake Bay side of the Eastern Shore, Onancock is an inviting small town that was founded in 1680. Whitecap Beach - Scenic beach in Texas with sizable waves. This college town is home to the University of Oregon, which has the largest library in the . We adhere to strict standards of editorial integrity to help you make decisions with confidence. This coastal city includes over seven miles of white sandy beaches and offers plenty of leisure activities and facilities for seniors. The content provided on Moneywise is information to help users become financially literate. (opens in new tab) Popular Local Beaches: Beaches at Goose Lake Park, Jewell Lake, Little Campbell . Buying rental units can be pretty simple. They can help identify fixes which may help your sales price. It also ranks first on our list of the best places to retire in Georgia. It is home to Floridas number one state park, Honeymoon Island, which boasts emerald green waters and pristine white beaches. Seabrook Island, South Carolina. Beaufort, North Carolina. Hendersonville also topped our list of the best places to retire in North Carolina. Great golf courses, medical facilities, beaches, state parks, and places to fish, kayak, and hike lure retirees from across the country. And the town you choose to make your home has to suit you and your family. All investing involves risk, including loss of principal. Welcome to Coastal Dream Life, a website dedicated to helping you achieve your dreams of white sandy beaches and fresh ocean breezes in style. It's one of the most affordable cities on the East Coast with a high livability rating. The beaches are long strands of white sand, offering perfect coastal views. Median Home Price: $333,741. The peninsula is 16 miles long, with the Caribbean Sea to the east, and the Placencia lagoon to the west. Sara Ventiera is a journalist based in New York City and Los Angeles. Theres still a lot of areas in Hyannis that are very affordable, says Jeanette Neeven, a Realtor with Century 21 Cobb Real Estate. The final city on our list of the best places to retire on the East Coast is another Delaware locale, New Castle. If you know you want to be on the East Coast, check out our lists of the best places to retire in. You could also be saving $1,000 a year or more by choosing the right home insurance policy online. The artsy, quintessentially Southern Mississippi Gulf Coast leads the nation in affordable coastal cities, with four places landing in . Our next dilemma: Is Seaside or Cannon Beach better? The stunning gulf coast area is well known for its beauty, and Coastal Living voted ocean Springs as one of the 10 Happiest Seaside Towns in 2015. In the downtown area, youll find several historic sites, tasty eateries and live arts performances, and you can go fishing, paddling, surfing and sailing on the blue-green waters that sweep the beach. It also boasts a strong health care system, numerous golf courses, and a stunning sculpture park and wildlife preserve, Brookgreen Gardens, hailed as one of the Top 10 Gardens in the United States by TripAdvisor. Set out on a sailboat, book a tennis lesson, breeze along biking trails, explore the boutiques, or nab tickets for concerts and festivals to make the most of retirement in this South Carolina paradise. Whether youre looking for a quaint seaside town tucked away with hidden, unspoiled beaches or a booming coastal city with access to all your cultural, travel, and entertainment needs, theres a place waiting for you. 25. The 10 Best Beach Towns on the East Coast. Metro Population: 698,537. The median monthly housing expenses come to $853. The median home value in Fort Walton is $185,900, while annual property taxes will cost you around $1,366 and monthly housing costs amount to about $1,049. 50 best beach towns to live in. And its not just pretty to look at Hobe Sounds median home value is just $206,300. The median household income in Swansboro is $48,922. Join here. The tax burden in Exeter is low at just 11.3%. 4. Key Biscayne, Florida. How Much Do I Need to Save for Retirement? If youre considering a retirement in any of these places, you should start planning now. Exeter is also tied for fourth in terms of recreation centers per 1,000 residents with 0.43. Monthly grocery costs also show a wide range. Though Morehead City is on the mainland, protected from storms by a barrier island, the city proper isnt known for its beaches. Its also the medical center for the south coast region, according to the city website. Narberth, Pennsylvania . Next: 10. Placencia is a haven for beach connoisseurs. Retirees look for affordable communities where they can fill their time with purposeful activities and social connections, keys to a long, healthy life, says Hale. These beach towns are prime spots for living out your golden years by the sea. It probably won't come as a surprise to hear that Florida does exceptionally well in the retirement rankings across the board. Eugene, Oregon. For bird watching opportunities, head to the Freeport Wetlands Trail & Bird Observatory, and go hit the links at the Freeport Golf Course. 04 of 13. With homes valued at around $168,300, the median housing cost is $1,209 a month and the median annual property tax is $2,265. The mild weather, coastal scenery, good airport, and myriad amenities have made Murrells Inlet a desirable retirement destination for Northeasterners seeking a break from high tax rates and harsh winters. The median monthly housing costs amount to $811. There are 5.42 medical centers per 1,000 residents. Smallbones // Wikimedia Commons #15. Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. Its home to lots of shopping, plenty of restaurants, nice golf courses, a great sailing scene, and beautiful beaches. You'll find some of the area's best seafood and golf courses, and the opportunities for fun are endless. Not only are there East Coast cities where living is affordable, but the new move toward working from home also makes changing cities while keeping your job more accessible than ever before. And Pensacola in particular is affordable with a significantly lower than average cost of living, home prices that hover around $140,000, and reasonable property taxes. The 25 Best Beaches in America, According to You! Theres a medical clinic within the city, but you can also make a quick drive to the Gulf Coast Regional Medical Center for more services. 1. At HGTV we've researched some of the best and most affordable beach towns in the U.S. The River City by the Sea has a network of waterways and canals, as well as long stretches of stunning coastline. Sarasota, Florida. Shimmering shorelines, renowned golf courses, impeccable dining that's what awaits you on Kiawah Island. When considering a place to retire, you should take a look atdifferent financial factors, including tax burden, healthcare facilities and other costs. The median rent is $998. The Falls Lake State Recreation Area is less than 30 minutes from Durham, and the coastal Atlantic Ocean beaches are about three to four hours away, making this one of the best places to retire in North Carolina near the beach. If you know you want to settle somewhere near the Atlantic but arent quite sure where, this guide will walk you through the best places to retire on the East Coast. Morehead City has enough nautical attractions to make die-hard boaters keel over. The current median house listing price is $210k. 11 Best East Coast Beach Towns. If you're interested in retiring near the ocean without the humidity of a tropical . Nestled between Pensacola and Panama City, Fort Walton Beach includes some of the best deep sea fishing charters in the nation. Lets hit the beach. Beach cities in the U.S. can't be mentioned without a nod to Miami. and We've ordered each town from most to least populous to help you find your perfect slice of paradise. J.A. Its an amazing retirement destination with its white sand beaches, casino resorts, championship golf courses and museums and historic sites. Single-family homes on the water start in the high $300,000s to low $400,000 range, such as this four-bedroom on 2.31 acres listed at $410,000 or this three-bedroom on the market for $399,000. If you can telecommute or work remotely, you can easily access towns and cities that might have seemed impossible dreams. Pelican Bay is a beautiful town on Florida's Gulf Coast. 14. You can stroll around the downtown center and the Historic District and check out the art galleries, antique shops and Greek eateries around the area. Amateur and pro surfers can experience decent waves along the Cocoa Beach Pier, especially at the end of hurricane season, which is generally September-December. The East Coast is diverse, so you'll have plenty of choices among seaside locales, bustling urban centers, places that provide Southern charm and towns known for their fall colors. Beaches. The median home value in Tarpon Springs is $209,400 and the median monthly housing cost adds up to $943 slightly pricier than Hobe Sound but youll pay around $1,847 in property taxes each year. Visited by Captain John Smith in the early 1600s, he wrote that the land was the "Gem of the Eastern Shore". Youll spend around $1,800 in property taxes each year and $958 a month on housing costs, while the median home value sits at $181,200. This renovated one-bedroom cottage is listed for just $199,999 and this two-bedroom at $225,000. Stacker looks at the 50 best places to retire on the East Coast, analyzing data including population, age, income, household values, and rent. Beyond that, Exeter has a number of historic churches, including one dating back to the 17th century, and its also home to the American Independence Museum. Looking to buy a home in Florida? A move to the East Coast may bring you closer to family, give you access to the right job or simply fit the vibe you're looking for. The median home value in the city is quite low just $113,600 and youll pay around $908 in annual property taxes and about $655 in monthly housing costs. Activities are also important to a happy retirement, so we looked at the number of recreation centers per 1,000 residents. So, are, Read More Are Coastal Cities Warmer?Continue. To find the best places on the East Coast to retire on Social Security alone, GOBankingRates used SSA data to identify the average monthly benefit as $1,828.30 -- $3,656.60 for a couple. Due to its attraction as a tourism center, much of the economy relies on tourism. Living out your golden years in this city wont cost you much, when the median monthly housing cost is only $981. If you want to retire to coastal Georgia, Tybee Island is an ideal spot. Jacksonville, FL. Im going to run through several options of affordable East Coast towns. Live everyday like youre at a summer resort at Ormond Beach in Florida and enjoy clear blue waters and peachy orange sands. If you want a town with people of diverse ages, though, New Hyde Park might fit the bill. Seniors age 65 and over make up 18% of the population. To learn where the best cities to retire or live in Florida to be the safest from hurricanes, . Healthcare is obviously very important to seniors, so we considered the number of medical centers per 1,000 residents in each city. Here's a look at the Best Places to Retire in 2022-2023. 10. Not every retiree wants to live in the heart of the big city but this lovely unincorporated community by the water offers the best of both worlds, lying just 20 minutes away from Baltimore. U.S. News also named Melbourne its tenth best city to retire in and one of the safest places to live and ranked it highly for quality of life. Bel Air is also clearly popular among older people. Williamstown, Massachusetts . Its stunning beaches, lush tropical forests, and majestic mountains make it easy to see why Maui is such a popular destination. Read on for the 25 Best Places to Live on the East Coast. New Smyrna Beach was the center of intense real estate speculation during the 1920 . In order to uncover the research, the team at Showers To You ranked over 50 locations on a variety of factors including average house prices in . The Most Affordable Places to Live on the East Coast. This is not an offer to buy or sell any security or interest. In addition to its proximity to Naples, Pelican Bay is less than an hour from Fort Myers and only two hours away from Miami. This gorgeous little Gulf Coast town with Mediterranean-inspired architecture is a total dream, so much so that it ranks highly in multiple surveys on happiness and well-being. Just an hour away from the bustling Big Apple lies Long Beach, New York. Valletta is the tiny capital city of Malta, a country composed of three islands in the Mediterranean Sea about 60 miles south of Sicily. Many of the retired residents of Hyannis move into their former summer homes, but there are still plenty of boomers relocating to the area. The book includes university towns like Lawrence, Iowa City and Athens, Georgia, which have part-time student populations approaching 30,000. There are many groceries and other amenities available and coffee shops, restaurants, and cultural activities. Average Annual Salary: $55,710. Many of them seek out single-story homes with attached garages right around the golf course, marina, and beaches. Great Neck, New York. With pent-up demand, labor shortages and surging prices, summer travel wont be a bargain this year. Thanks to the rise of work from home systems and software like Zoom, more people are finding they can work remotely. Retirees can get into active adult communities like Bay Crossing in a $239,000 two-bedroom condo all the way up to a fully kitted-out four-bedroom for $620,000. Youll cough up around $1,925 in property taxes each year and $739 in monthly housing costs. Jacksonville offers all the big city comforts and cultural entertainment, a growing craft beer scene, and the most extensive urban park system in the US, as well as coastal zones. Best East Coast beach towns. If you love beach towns, then Jacksonville might be one of the better options for you. You may be able to repair drywall yourself. Metro Population: 6,129,858. See which metro areas on the Eastern Seaboard offer the most for residents. Check out these affordable beach towns. Or go swimming at Sunset Beach and Fred Howard Park. The national average commute is 26.9 minutes. Dust is a common household nuisance, causing respiratory problems and allergic reactions when inhaled. Theres still a chance to grab a relatively affordable property here and relocate to this subtropical city with its miles of azure coastline. Seniors age 65 and over make up 18% of the population. You might even catch a glimpse of a dolphin or sea turtle, or catch some Spanish mackerel along the fishing pier. For more content like this follow. Are you confident in your retirement savings? Unique View: The quintessential fishing village of Cape Porpoise, Maine. The port town offers great boating, fishing, and nearly every type of water sport imaginable in both the sound and the Atlantic. Myrtle Beach, SC. They include this three-bedroom on the water for $275,000 and this two-bedroom cottage for $219,000. A famous tourist destination that attracts millions to its beaches and golf courses, Myrtle Beach is one of the fastest-growing cities in the US. Due to its small size, Swansboro will best suit those working remotely or in the tourism industry.