Best U.S. Cities to Retire to in 2020

Mature couple walking on the beach together.

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Some retirees prefer to look to other countries for a new place to settle, but if you’re not looking to become an ex-pat, then you'll find plenty of options in the United States. We've identified some of the best American cities to retire to in 2020, along with the median home prices for each location.

Lancaster, Pennsylvania

If you’re looking for a city that’s quiet, homey, and affordable, this former capital of Pennsylvania is for you. The median home price is $234,478, and the city is surrounded by Amish farmland and has plenty of old warehouses. Lancaster is also seeing a revitalization, and many of those warehouses and buildings are becoming trendy restaurants and bars.

Fort Myers, Florida

It's well known that retirees love Florida, but if you’re considering a move to the sunshine state, where do you go? Give Fort Myers a look. The median home price is $218,209, making it a perfect place for a winter home. It’s ideal for fishing, boating, and has a charming downtown complete with museums, historical sites, and plenty of social events.

Florida has no state income tax, which can be a big advantage for retirees who have sources of taxable income.

Austin, Texas

If beaches don’t appeal to you and you don’t mind a city feel, check out Austin. As the capital of Texas  , there’s no absence of things to do, and as a major college town and tech hub, there are benefits that come with being retired. For example, at public colleges and universities such as the University of Texas-Austin, seniors age 65 and older can enroll for up to six credit hours at no cost. The median home price is $390,347 —a reasonable amount for big city living.

Grand Rapids, Michigan

Michigan doesn’t get much love on the “best of” lists very often, but Grand Rapids is indeed an exception. It's a great city for art lovers because it invests heavily in the arts. Grand Rapids transforms into a giant art gallery each fall. Median home prices there are $178,724.

If you plan to live in Grand Rapids year-round, you should keep in mind that the winters can be very cold, but the summers are beautiful.

Nashville, Tennessee

Another artsy town, Nashville is known for its country music. Retirees will find plenty of performances at the Grand Ole Opry and other smaller venues. And there’s no absence of sports teams, colleges, and universities. The median home price is $280,966.

Washington, D.C.

Despite a sticker-shocking median home price of $628,914, our nation’s capital is a hotspot among retirees. If you plan to continue working, you likely won’t have much trouble finding a government job. Healthcare is top-notch in D.C., and many of the best-known attractions are free.

Phoenix, Arizona

If you’re a fan of the heat, you’ll love Phoenix. With summer temperatures topping 100 degrees but mild in the winter, this has become a well-known snowbird town. With a median home price of $260,972 and a sports team for just about everything, you’ll have no excuse to sit at home bored.

Portland, Maine

The food scene in Portland is unfairly overlooked, and as a college town, there’s plenty to see and do. Median home prices are an affordable $329,736 but watch out for the winters. The average January low is 13 degrees.

Portland, Oregon

Much like the Maine version, this Portland has an excellent foodie culture but the city is best known in the retirement community for its incredible city park system, all of its paths and trails, and an ideal climate for gardening. The median home price for retirees is a bit higher than some of our other cities at $454,628, but nowhere near the highest.

Boston, Massachusetts

Boston is a big city, so you’ll pay big city prices for housing, but if you can afford the median home price of $633,178 you'll find that Boston lives up to the hype. If you’re a sports fan, you’ll find plenty of diehard fans rooting for the Red Sox, Patriots, and Bruins, a healthcare system ranked the best in the country and plenty of discounts for retirees.

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