Some of the best beach cities, Read More Best Beach Cities In The World To Live And WorkContinue, There is nothing like escaping the frigid inland weather and going to the coast to wake up early to stand with your feet in the sand, peering into the sunrise, smelling the fresh ocean breeze, waiting for the first warm rays to hit your face. If youre wondering what attracts people to the seaside on a more permanent basis, here are a few reasons. The historic downtown is what you'd expect from an old Northern California town, shrouded in fog and peppered with historic architecture. Please note: Photos are for representational purposes only. Brian O'Connell and Emily BrandonApril 20, 2023. The unusual quartz sand at Siesta Beach is soft, white and powdery, and stays cool to the touch, even on sunny days. These are some of the countries that make it possible to find that place by the sea and live comfortably for a fraction of what it would cost in the U.S. Living near the beach has been your dream for years. Its population is a beautiful mix of native Hawaiians, Japanese, Portuguese, Puerto Ricans and Chinese, among others, and it draws an artistic crowd who come to explore its museums and the Hawai'i Volcanoes National Park. In the summer, you can evencatch sea turtles crawling up onto the sand to lay their eggs. Before you raid your 401(k) or IRA, learn the realities and benefits of taking a retirement plan hardship loan. Income diversification can help you set up a financially secure retirement. However, what really makes this port town ideal for the 55-plus crowd is the easy access to quality health care. Naples is more expensive than many other parts of Florida. Home of the Daytona 500 and so much more, Daytona Beach, Florida, offers 23 miles of white-sand beaches. (Getty Images). It has seen its fair share of destructive hurricanes over the decades. Indonesia offers not only many small islands to explore, with a tropical climate and breath-taking beaches, but also a retirement visa that makes moving there a real possibility. This South American country offers coastline on both the Pacific Ocean and the Caribbean Sea, so retirees seeking beach living have many options, and the Andes Mountains and Amazon rainforest are nearby for a change of scenery. Temperatures don't usually dip below the 50s in the winter. The world's most affordable places to retire. Rather, here, the residential areas overlook the river. In total, a family of four can live on about $1,800 a month. Equal parts Southern charm and beach-bum getaway, Galveston Island is one of the most popular beach getaways for Houston residents. Coos Bay is an adventurer's paradise, with bays, rivers, lakes and Oregon's famous dunes waiting to be explored. A relatively small community, Vero Beach has a population of approximately 16,707. 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 large community has various purchase restrictions, including a minimum age, and in some cases requires all-cash transactions; but to buy in another part of the desirable beach town would cost at least $700,000. Many of them seek out single-story homes with attached garages right around the golf course, marina, and beaches. The community is also a suburb of Baltimore. The cost of living is low, the people are friendly, and the food is delicious making this country a great retirement destination. Part of YaleNew Haven Health, Lawrence + Memorial Hospital is home to the regions only inpatient rehab unit and a nationally recognized cardiac rehabilitation program. Hilo, however, may just break the mold. Offshore charter boat services are available to cruise up and down the Brazos River or off the coast of Bryan Beach. Yes, many people like to retire near the ocean, but why? In most of the U.S., property by the seashore comes at a premium, and home prices are out of reach for many retirees. The Atlantic Ocean coastline is rocky, and waves crash into the rocks sometimes dramatically. Learn about job opportunities that might be a good fit for older workers. She writes about food, travel, and real estate for Zagat, FoodNetwork.com, BBC Travel, and more. A retirement haven, Venice, Florida, has a population of just over 26,000 61% are age 65 and up. In most places, U.S. dollars are accepted, and the Nicaraguan government offers tax incentives and encourages investment in the country. It's also great for retirees, with lots of recreation areas and a high ratio of doctors' offices to people. Sarasota is a great choice for retirees who want warm weather, beautiful beaches and a wide range of cultural and recreational activities. Where to stay: Hibiscus Elegant Midcentury Beachside House. Bay St. Louis is attractive to residents and visitors because of its beautiful gulf beaches, temperate winter climate and plenty of entertainment during high season. The restaurants are also truly spectacular, from the casual Greenhouse on Porter to the more haute Vestige, serving New American and Japanese-inspired dishes. From Spring Break to NASCAR, Daytona Beach can be a wild time. And, of course, the international airport offers convenient, low-cost fares to get to the States and Canada. According to International Living, expat Geoff Kent moved to Chelem with his wife and two young kids in 2018, and they are considering opening a small coffee shop or donut store. Learn: Can I Draw Social Security at 62 and Still Work Full Time?More: 3 Ways To Recession-Proof Your Retirement. These Canadian retirement spots have scenic beauty and a four-season climate. This Gulf Coast tourist haven has clean beaches, great fishing, and fantastic fowl. In fact, International Living rated the Slovenian city of Ljubljana as one of the top 10 cities to retire to in the world. There are currently more than 74 million boomersof which 10,000 per day are hitting age 65, according to the Pew Research Center. A thriving culinary scene also offers an abundance of fresh seafood at very affordable prices. It costs a median of $1,694 per month to own a home with a mortgage in Portland, and renters pay a median of $1,115 monthly. Over on the Sunshine State's Atlantic coast, Vero Beach is a nature lover's paradise with miles of hiking and biking trails, plus wildlife refuges along the coast. Avoid common errors with a Roth IRA that could lead to fees and losses. But it is one of the more affordable beach towns in the nation thanks to its location on the hurricane route and the high volume of tourists that come during the high season. Relaxed Roatn is the largest of Honduras' three Bay Islands: Stretching 40 miles long and five miles at its widest, it's surrounded by the Mesoamerican Barrier reef, the largest in the Caribbean. Part of the states southern outer banks, Cape Carteret is located in the Western Crystal Coast region, known for stunning beaches and tranquil living. It costs a median of $1,296 per month to own a home with a mortgage in Myrtle Beach and just $976 monthly to rent. Also, the winter months tend to be very sleepy around here. 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. The Cost: In Chelem, a four-bedroom, two-bathroom home with a pool one block from the ocean rents for about $600 a month. Food is delicious and prices are low. on this page is accurate as of the posting date; however, some of our partner offers may have expired. Theres really just one town to speak of: Only a small area on the western end of the island has been developed. The Indian River Lagoon separates the mainland from a barrier island, which is a popular spot to catch glimpses of passing dolphins and sea turtles. Gulf Shores may be more expensive than the rest of Alabama, but it is definitely cheaper than other beach towns in the United States. While real estate over in Ocean City may be much more expensive, Ocean Pines is much more affordable. Youll find small, boutique-style hotels and mom-and-pop restaurants, most serving fabulously fresh seafood and lobster (try the lobster pizza! The shoreline of Biloxi is flanked with massive oceanfront casinos, which are the major draw to this coastal community. Being the third safest country in the world with the highest density of blue flag beaches, this country has a low cost of living, tax incentives, and easy residency for expats. 10 Best Places to Retire Around the World, Jumping Rocks/Universal Images Group via Getty Images, 8 of the Cheapest Countries to Retire Around the World, The 12 Best Islands for Retirement, From the Caribbean to the Mediterranean, 10 Best Countries for Americans Who Want to Live Abroad, 25 Best Summer Vacations Everyone Should Consider in 2023, How to Move to Another Country 15 Key Steps, 12 Best Lake Michigan Beaches With White Sand, Rolling Dunes, and Stunning Views, The 10 Best Small Towns in the U.S. for Retirees, 16 Affordable Family Vacations to Take This Summer. The website recently revealed the world's five best-value coastal escapes, places where you can retire early and live on as little as $1,400 a month for two people including extras like. But another reason for Galveston's affordability is that it is no stranger to natural disasters. You can explore lovely museums, historic homes and linger on the 2.2 miles of beautiful beach. Copyright 2022 Travel + Leisure Co. All Rights Reserved. The combination can work well for retirees who are looking for a place to retire near the beach on a budget but don't want to give up the amenities and services of living in a city. Residents love it because of the growing economy, entertainment, proximity to the beach and cost of living. Charleston may not be the most affordable city in the nation, but as far as beach towns are concerned, it is absolutely more affordable than others. Not only is it a quaint town full of history, beach restaurants and uncrowded beaches, but it's also quite affordable to live. Movie nights and musical events are frequently hosted at the Seawalk Pavilion in Jacksonville Beach during the spring and summer months. Artists, creatives and certainly a lot of hemp aficionados, flock for the dramatic coastal views and an eclectic waterfront. Though Morehead City is on the mainland, protected from storms by a barrier island, the city proper isnt known for its beaches. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). It's a summer getaway for New Orleans residents, as well as those from around the region. As of 2023, the median home sale price was $461,400. The shallow and sedimentary conditions of the beach expose thousands of ancient shark teeth every day. Cruise Ship Tips: 9 Insider Secrets From A Trailblazing Captain, The Future Is Female: 3 Travel Companies Inspiring The Next Generation Of Leaders, The Ultimate Paid Time Off: 17 Companies That Will Give You Money To Travel. The city is so retiree-friendly, its even home to Latitude Margaritaville, a Jimmy Buffet-inspired 55-plus community. That said, the median home value is still just shy of $300,000, so it is still one of the more expensive places to live in America. This site is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. You save for retirement your whole life, you work, at some point, only knowing that you can retire and wont keep having to work, so it feels like, in some ways, its what you work towards for much of your life. Of course, when there aren't festivals or events, the town is relatively quiet. The overall cost of living is about 28% lower than in the United States, and rent is 73% lower. Covering about 5.5 square miles, Garden City offers easy access to the beach from anywhere you choose to live. Water sports and historic sites are the main attractions here. If you're looking for a cheap place to retire near the beach, consider Daytona Beach.Homeowners age 60 and older pay a median of $1,324 per month with a mortgage, and the median rent is $1,127 per . Eureka sits on the edge of California's expansive Humboldt Bay. You cant even touch these prices in the Riviera Maya, says Haskins. Try kayaking around Sea Rim State Park or explore the mansions like the glorious White Haven. Retirement can be affordable and exciting in these European destinations. The Cost:Because it is not as discovered as the Riviera Maya nor does it have nearly as many amenities (any major shopping or healthcare needs are done in the town of Chetumal, an hour away) prices for real estate are much lower than youll find along the Riviera Maya, says Haskins. Though a four-bedroom on the beach will set you back $1,650,000, a two-bedroom right next to downtown can be purchased for just $249,900. But when you think of Americas great beach towns, like the Hamptons, Miami, Malibu, Hilton Head, among many others, we get snapped right back into reality rather quickly the cost of living in these spectacular beach towns is pretty darn high! Sandwiched between the Kyrenia Mountains and the warm waters of the Mediterranean, Kyrenia features incredible seascapes. Where to stay: Hilton Daytona Beach Oceanfront Resort. We are compensated for referring traffic and business to Amazon and other companies linked to on this site. To come up with this list, our data experts looked at more than 1,300 towns on the water, pulled off the places that are located on lakes or riversthis list is all about tasting the salt in the ocean breezeand cut the selections to one place per state, for a wider variety of options. Unlike the heavily touristed beaches of the Riviera Maya farther north, the Costa Maya is unpopulated and set against a backdrop of lowland jungle for some 62 miles. I'm a Self-Made Millionaire: These Are the 6 Investments Gen X women are now between the ages of 43 and 58, which means retirement is on the not-too-distant horizon for some of them. Life is not cheap in the places getting 30 flights a day from El Norte. A bus ride to the nearby town of Progreso is about 50 cents. The city is a UNESCO world heritage site, and the monthly cost of living can be as low as between $500-1000. If you're interested in retiring near the ocean without the humidity of a tropical destination, consider Portland. Most retirees opt for the private health care system where costs are low and quality is high. If you're going to move to a beach town in the U.S., you might as well move to one in a state that doesn't charge any income tax. If it's racing season or Spring Break, forget about it. Baja California, Acapulco, Cancun, Puerto Vallarta, Rosarita, and La Paz are a few well-known beach areas, and quiet fishing villages might attract retirees with lower costs and casual atmospheres. Lets find out what you need to consider when deciding between Capri and Anacapri! The small towns on this list are some of the greatest beach towns on the East Coast. When it comes to Washington beach towns, Bremerton is one of the most affordable in the state. But Daytona Beach has 23 miles of wide, hard-packed sand that allows for myriad activities, from beach sports to beach driving. Summer is much livelier, with outdoor activities, like music, golf and farmers markets. But the affordability comes from the fact that Myrtle Beach does have a high crime rate, which has brought home prices down. Cuenca is located just outside the El Cajas National Park, where the snowy peaks of rugged mountains rise up above mirrored lakes. It's the largest city on the Olympic Peninsula, Port Angeles is at the doorstep of the Olympic National Park, with more than 600 miles of hiking trails, beaches, rivers, waterfalls and the only rainforest in the United States. Highlight: For those who love the boardwalk and casinos. With the fifth-best healthcare system globally and one of the safest countries with English as a national language, Malta is a desirable option for retirement. While insurance may be a bit dicier, that's likely to be a temporary issue, says Larry Snider, vice president of operations at Casago Property Management and Vacation Rentals. The country faces the shores of both the Caribbean Sea and the Pacific Ocean, so there's plenty of beachfront to go around, in addition to rivers, lakes, and rainforests. Well look at the top beach towns that offer an ideal home for retirement and what makes these choices such good ones. A new survey finds major disruptors that will change the retirement industry in the next decade. Shop Pay: What Is It and How Can It Benefit You? Lake Okeechobee is 40 miles southwest. The content Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators No matter where in the world you live, there is no doubt a great beach retirement destination not too far from where you that wont leave you feeling too far away from your family and friends, and will no doubt open doors for new friendships and the opportunity to meet like-minded people. The low cost of living makes it affordable for retirees to live near the beach permanently. Sara Ventiera is a journalist based in New York City and Los Angeles. However, it's also saddled with the highest cost of living in the top 20, running nearly 10% above national averages. Wilmington Island has a unique position situated quite literally between the best of both worlds. Still, it is one of the most expensive places to live in Kitsap County. Whether youre looking for a place thats quiet and relaxing or a place to catch some waves, Massachusetts has the perfect beach for you. Port St. Lucie is located on Florida's Atlantic coast and has freshwater marshes in addition to ocean beaches. Daytona is hot, and the boardwalk hums with tourists who spill out of the oceanfront bars and restaurants. Here's what to consider before you unretire. Tiny Holbox (pronounced ol-bosh) is set at the northern tip of the Yucatn Peninsula. It offers city living on the shores of clear swimmable waters, with eleven miles of beaches to enjoy on its doorstep. Source: SmartAsset 2022 Study Get the data Embed For a comfortable, well-appointed lifestyle, budget US$1,223 a month. However, the reason why cost of living is so low is because of unpredictable hurricanes, an industrial landscape and summer weather, which can be unbearably hot and humid. The country has miles of stunning coastline, with plenty of top-class beaches and small islands to explore. The reasonable housing costs make it easy to retire near the water. All Right Reserved. They are similar but also have several differences that make them distinct. ), says Haskins. There is a lot of research to be done before making the decision, and many independent agencies, consultants, or others can help with this process, but here are some ideas to get you started. Canggu, Bali Indonesia offers not only many small islands to explore, with a tropical climate and breath-taking beaches, but also a retirement visa that makes moving there a real possibility. Options are abundant, and depending on your chosen career path, you will likely find work in any of them. Sarasota's picturesque beaches, including Lido Key and Siesta Key, draw many visitors and retirees to the area. It costs a median of $1,328 per month to own a home with a mortgage in Pensacola, and renters pay a median of $1,046 monthly. Learn how to maximize your Social Security income using an optimal claiming strategy. And the relative affordability of homes in these towns means more of a fixed income is left over for fun, which probably makes the case for sticking around.. In fact, the Sunshine States shorelines arent the only coastal ZIP codes attracting boomersplenty of folks dont want to live in what feels like a steam room six months out of the year, or they may want to be closer to friends and family elsewhere in the country. So far, things aren't looking great for this generation. With a growing body of research showing that spending time near the ocean is beneficial for physical and mental health, retiring in a beach town with a slower pace of life and lots of sunshine is a popular choice, with many options worldwide. But it turns out, your beach-town dream may not be as far out of reach as you think. Best Beach Cities In The World To Live And Work. New Jerseyand its infamous shoregets a lot of flak, but its called the Garden State for good reason: Its friggin beautiful when you exit the turnpike. The company 401(k) is just one option available for building wealth. Today, what brings visitors to Port Arthur are the history, wildlife and beaches. Water activities fill the rest of your time, from diving to paddle board yoga. Still, Florida isnt the only state hosting great beach cities for retirees. It even has an airport and ferry terminal that connects the mainland to Marthas Vineyard and Nantucket. It's one of the most affordable places to live in the Caribbean: According to International Living, a couple could live well starting at $2,000 a month. Sign up for our daily newsletter for the latest financial news and trending topics. You might be willing to pay to live by the beach, but you dont want to stretch your budget too far. Belize offers one of the best retirement programs globally, only taxes on income earned in the country, and retains English as their official language, eliminating language barriers for many. Maine's most populous city has four distinct seasons with warm summers and cold, snowy winters. Average income for population 65+: $70,291. The port town offers great boating, fishing, and nearly every type of water sport imaginable in both the sound and the Atlantic. In 2006 they relocated to Panama and then Nicaragua before returning to Mrida in Mexico's Yucatn state, where they renovated a colonial home and continue to enjoy the good life. Residents and visitors to Hampton are close to the excitement and fun of Virginia Beach as well as the museums, performing arts, restaurants and other attractions. Heres a look at average retirement incomes and how much people spend during their golden years. Corfu has an abundance of natural environment, delicious local food, and friendly locals, with beaches, cliffs, and blue waters waiting to be explored. In addition to the obvious waterfront activities, Gulf Shores is close to many restaurants and bars, shopping and the wharf in nearby Orange Beach.
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most affordable beach towns to retire in the world