With a cost of living index at 109.44, Tucson, Arizona, is Business Week Magazine's most affordable place to retire. The city encompasses the University of Arizona. Not only is the area scenic, but Tucson is near more than 100 parks, a multitude of golf courses, mountains and the Sonoran desert, according to Business Week. Tucson also has hospitals and an efficient transportation system. For retirees who desire warm, sunny days, Tucson may be the place. According to Business Week, there are about 284 sunny days each year.
Living near the ocean isn't out of the question when choosing an affordable retirement destination, according to U.S. News and World Report. Jacksonville, Florida, is a popular retirement community for seniors and retirees, and while it is less expensive than Fort Lauderdale, the city has many of the same amenities. Jacksonville has miles of beaches, a progressive arts community and nearby wildlife preserves, ideal for sightseeing, hiking, biking and fishing, according to U.S. News and World Report. It also has low housing prices and an average cost of living.
Columbus, Ohio, may be a college town with thousands of Ohio State Buckeyes living in the city, but it is also Forbes Magazine's most affordable place to retire. Columbus has a low cost of living, and the cost of housing is also low, according to Forbes. Columbus is a bustling river city, high energy in some areas and relaxing in others, according to Forbes. Retirees can enjoy the best of both worlds.
