(Getty . On average, residents pay more for goods, services, groceries and healthcare, but pay less for housing and transportation. A beach destination in California that is affordable? Or, at least, for many of us, we wish it were. Unless otherwise noted, all data was sourced from Redfin and the U.S. Census Bureau. There are currently more than 74 million boomersof which 10,000 per day are hitting age 65, according to the Pew Research Center. You cant even touch these prices in the Riviera Maya, says Haskins. These offers do not represent all deposit accounts available. Where to stay: Beau Rivage Hotel & Casino. For an additional $20,0000, this three-bedroom ranch is available in the Oakwoods. 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. Copyright 2022 Travel + Leisure Co. All Rights Reserved. Theres no traffic, no high-risesonly sand-floored beach bars and hammocks everywhere you look. Residents speak English, and both Belize currency and the U.S. dollar are accepted. Sixty miles of beaches, water activities, theme parks, restaurants and golf courses that is how vacationers and residents do Myrtle Beach. Coos Bay is an adventurer's paradise, with bays, rivers, lakes and Oregon's famous dunes waiting to be explored. The city is so retiree-friendly, its even home to Latitude Margaritaville, a Jimmy Buffet-inspired 55-plus community. Warning: The following list will provoke serious wanderlust! Myrtle Beach, SC, is one of the nation's most affordable beach towns. A couple can live comfortably in Mahahual for less than $2,000 a month. Daytona is hot, and the boardwalk hums with tourists who spill out of the oceanfront bars and restaurants. Whether youre looking for a place thats quiet and relaxing or a place to catch some waves, Massachusetts has the perfect beach for you. Retirees pay a median of $1,882 per month for a house with a mortgage or a median of $1,374 monthly to rent. An aerial view of Holbox Island, where the streets, A pier in Mahahual, a quiet and cheap beach town, 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. Sugar Sands - Riviera Beach, FL Low $200s - High $600s Sugar Sands is a 55+ condominium community located right off the Intracoastal Waterway. A certificate of deposit, more commonly known as a CD, is an investment that earns interest over a set period of time at a locked-in rate. These places might be options that youd like to consider, and well tell you why. Residents of Bremerton can still work in Seattle with a short commute time, and many do. A retirement haven, Venice, Florida, has a population of just over 26,000 61% are age 65 and up. A bus ride to the nearby town of Progreso is about 50 cents. 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. Of course, if you want something more tranquil, you can just head over the bridge into Ocean Springs. Today, it is a small city brimming with things to do, like a symphony orchestra, ballet, opera, zip lining, museums and, of course, the beach. For temporary residence, monthly income of about $2,100 is required, and for permanent residence, the minimum income is $2,700. With exceptional natural beauty and a large variety of biodiversity, the country is rapidly developing while still offering a lower cost of living. One of the richest histories in western civilization and one of the most affordable European residency programs means this is an excellent option for this part of the world. Avoid common errors with a Roth IRA that could lead to fees and losses. Durham-Chapel Hill, North Carolina The Durham-Chapel Hill area is the third-highest-ranked large metro area for successful aging, according to the Milken Institute. Welcome to Coastal Dream Life, a website dedicated to helping you achieve your dreams of white sandy beaches and fresh ocean breezes in style. State's tax rating for retirees: Most Tax Friendly. First, you might think of beaches as far as the eye can see, but if you do your research, you might notice that there are no photos of these beaches you imagine. Youll also enjoy South Carolinas low taxes. 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. Then, the question is, where are the best beach cities to live and work in. However, you're never a far drive from the epic beaches nearby, like Folly Beach, Kiawah Island Beach, Seabrook Island Beach and Isle of Palms Beach. Weekly groceries for a family of four is about $150 and gas for cooking and hot water is another $25 per month. It's also great for retirees, with lots of recreation areas and a high ratio of doctors' offices to people. 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. Plus, Melbourne is across the bay from the barrier island that has the more famous Cocoa Beach. Why Are Coastal Towns Warmer In The Winter? The median housing expense is $1,488 per month among homeowners with a mortgage, and it costs a median of $1,113 per month to rent an apartment near the beach in Jax, as the locals call it. There are, of course, many factors. April 24, 2023, at 2:09 p.m. Part of the states southern outer banks, Cape Carteret is located in the Western Crystal Coast region, known for stunning beaches and tranquil living. Venices shoreline is located halfway between Sarasota and Port Charlotte, on the eastern edge of the Gulf of Mexico. Mazatlan, in particular, offers city living with sandy beaches on the Pacific coast. Pensacola scores high marks for desirability, with many people age 45 and older expressing an interest in moving to the area. Where to stay: Baltimore Marriott Waterfront. Here's a look at the highest-rated coastal towns to retire. But its residents love it for its small-town charm. With borders on the Gulf of Mexico in the east and the Pacific Ocean in the west, Mexico offers around 6,000 miles of coastline. Carteret County has a population of roughly 68,500, with just over 26% age 65 and up. Or you can take a small plane from Cancn, which arrives on the islands simple little airstrip. With sublime beaches and a well-established expat community (20% of the islands permanent population), Phuket offers pristine beaches and a warm, tropical climate. Daytona Beach, Florida. According to the Census Bureau, the average over-65 household in America requires $49,000 a year to cover everything from housing to food. When you're not lounging on the powder-soft white sand beaches of the nearby islands, you'll be strolling the 18th-century streets and buildings, tucking into James Beard award-winning cuisine and watching the boats come into the picturesque Charleston Harbor. Transformative Travel: I look at how travel can change lives. These towns may not have the international reputation as other beach towns in the country, but thats why they are so coveted they fly below the radar and keep the cost of living low. Patricia Doherty is a writer who specializes in covering destinations, resorts, and cruises for. Health care services are provided by Halifax Health Medical Center of Daytona Beach and AdventHealth Daytona Beach. People love to live here because of the beautiful beaches, the winter climate and the entertainment. If you're interested in retiring near the ocean without the humidity of a tropical destination, consider Portland. Many Americans underestimate the amount of money theyll receive from Social Security. Historic Lewes has a more natural, small-town feel and (slightly) lower home prices. It has wonderful public schools, is safe for families and has great restaurants and nightlife. The former fishing village is bordered by a beautiful marsh shoreline and dotted with wooded areas. Here is International Living's annual list of the world's best places to retire in 2021. 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. But while it may be one of America's more affordable beach towns, rising costs are starting to become a deterrent. But upon closer look, visitors will also notice the historic downtown district and the sunsets that set the sky on fire. The less-crowded Neptune Beach often attracts surfers. In fact, it has quite a bit of sprawl for such a small city. Where It's Located:Holbox Islandwhere the Caribbean Sea meets the Gulf of Mexicois one of our favorite getaway spots, says Haskins. Buyers can get into the market at a wide price range, from a three-bedroom manufactured home for $159,900 to this three-bedroom with water views and a private pool for $350,000. Middle River may not be as popular as Maryland's other coastal areas, but that means it's infinitely less expensive. The country has miles of stunning coastline, with plenty of top-class beaches and small islands to explore. Deployed correctly, stable value funds add an insurance element to guarantee portfolio returns. It's ideal for retirees given the average home sale price is $229,833 with median annual property taxes coming in at $1,181. In total, a family of four can live on about $1,800 a month. Why It's Great:With its slower pace and rich culture, Chelem provides the opportunity for a simple life by the beach and is a favorite of expats doing everything from selling real estate to running restaurants. With warm temperatures all year, an abundance of beaches to explore, and a lower cost of living, Mexico is an attractive retirement option while still familiar with many US brands. 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. 1. But a remote beach area isn't always the right fit for retirees, who also need access to amenities and services, such as quality health care and transportation options. The easy visa system is a further bonus, making this an accessible option for most nationalities. Myrtle Beach has a wide variety of golf courses, including designs by Robert Trent Jones and Jack Nicklaus. In fact, it can. The location: Mexicos Yucatn Peninsula, where you'll find off-the-radar coastal communities that are so cheap you might not need to work. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. It takes 15 minutes to get to everything Myrtle Beach has to offer without having to worry about traffic and stuff.. This article examines the similarities and differences between these two lovely towns on the Amalfi Coast. Some towns do have their drawbacks, like hurricane risks or higher crime rates, but if you know where to look, you can uncover some truly spectacular hidden beach gems. Retiring to a quiet place by the beach is a dream for many Americans and others around the world. Daytona Beach is one of America's most beloved beach-party capitals in the country. Where It's Located:A former fishing village, Chelem is located on Mexicos Gulf Coast, about a 40-minute drive from the city ofMrida(which was just named by Best Small City in the World by Conde Nast Traveler). Where to stay: Hibiscus Elegant Midcentury Beachside House. Are you on track to have enough money for retirement? 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. A relatively small community, Vero Beach has a population of approximately 16,707. You kind of have the best of both worlds [in Murrells Inlet] if youre looking for a nice, affordable area to retire to, says Jeremy Jenks, vice president of sales at Keller Williams The Trembley Group. There are 267 officially recognized beaches in the, Read More How Many Beaches Are There In Massachusetts?Continue, Capri is a fantastic island in Italy and a great tourist attraction. From Spring Break to NASCAR, Daytona Beach can be a wild time. Retirees with a mortgage pay a median of $1,563 per month for housing. Still accessible to the world and with ample beaches and islands to explore for those wanting variety, this is one of the less developed, quieter destinations, an appealing characteristic for many retirees. Sarasota's picturesque beaches, including Lido Key and Siesta Key, draw many visitors and retirees to the area. Leisure World, a gated retirement community located just 12 minutes from the sands of Seal Beach, offers some serious deals. Learn how to maximize your Social Security income using an optimal claiming strategy. How the National Debt Hits Your Wallet Every Day, CD Rates Today: April 27 Special 10-Month Term with 5.25% APY. Gulf Shores may be more expensive than the rest of Alabama, but it is definitely cheaper than other beach towns in the United States. Instead of Hilton Head, Try: Myrtle Beach, S.C. The downsides, according to Haskins: no shopping, no healthcare facilities and during hurricane season the island is particularly vulnerable. 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. And it turns out, they share some common features that are particularly attractive for folks who are no longer congregating by the water cooler. Tucked between Vero Beach and Port St. Lucie, Fort Pierce is located on the bay behind the Atlantic-facing Hutchinson Island. Cuenca is located just outside the El Cajas National Park, where the snowy peaks of rugged mountains rise up above mirrored lakes. 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. In fact, it was named the second-best city in the U.S. for senior health by The Mesothelioma Center in 2023. With its bustling main street, John F. Kennedy Hyannis Museum, and world-renowned Cape Cod Hospital, Hyannis is basically the hub of the Cape. The port town offers great boating, fishing, and nearly every type of water sport imaginable in both the sound and the Atlantic. Perhaps the last two years of pandemic-related upheaval have intensified the dream of getting away from the daily grind to resettle in an ideal place. Ready to take a long stroll down the list together? This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). You can explore lovely museums, historic homes and linger on the 2.2 miles of beautiful beach. Myrtle Beach is one of America's favorite vacation getaways. Here's what to consider before you unretire. Orlando Is America's Top Travel DestinationHow Hard Has Its Real Estate Market Been Hit? Year-round homes start around $350,000 and reach nearly $4 million. Oceano Median home price: $566,280 Located in San Luis Obispo County, Oceano provides a suburban feel to retirees wanting to spend their time by the glimmering waters. Theyre gorgeous stretches of coast, to be sure. Plus, youll enjoy low taxes, since Florida doesnt have an income tax or a tax on certain kinds of unearned income. The cost of living in Port Angeles is more expensive than the national average but is less expensive than other places in the state of Washington. Its home to lots of shopping, plenty of restaurants, nice golf courses, a great sailing scene, and beautiful beaches. San Mateo, California. The cost of living in Pensacola is actually lower than the national average, making it the perfect spot to buy a beach home, says Brittany Mendez, chief marketing officer of FloridaPanhandle.com. All information is accurate as of March 21, 2023 and is subject to change. Sara Ventiera is a journalist based in New York City and Los Angeles. Residents love it because of the growing economy, entertainment, proximity to the beach and cost of living. Mahahual is far less touristed than Cancn, although its cruise ship port is bringing in increasing numbers of day trippers. It is equidistant from the historic city of Savannah as it is to the spectacular beaches and seclusion of Tybee Island. Sign up for our daily newsletter for the latest financial news and trending topics. For example, five beachfront lots near Puerto Angel, just 20 minutes from Mahahual, were recently for sale for $69,000 each. Some countries have very appealing visa programs for retirees that make a living there permanently much more accessible than others, so this is an essential factor to consider if youre planning on moving full-time or owning property in another country. 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. 2 . The Algarve, with year-round sunshine, excellent medical facilities, a low cost and high standard of living, easy access to Europe and the world, and a good infrastructure, is an obvious choice. Surrounded by some of the most stunning beaches in the country, Pedasi offers twelve beaches nearby; some host international surf competitions to up the ante on beach entertainment. Even for those just planning to escape the coldest months of the year in a sunny beach destination, consider the visa requirements that may be necessary for longer-term home rentals. 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. 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. The cost of living is low, the people are friendly, and the food is delicious making this country a great retirement destination. The cost of living and crime, Read More Is It Good To Live In Miami Beach?Continue. Do you often dream of quitting your day job or retiring early and moving to abeach town that's so cheap you canlive for next to nothing in a tropical paradise? The majority of beaches in Essex are off Rocky Point Beach and Park, which is open year-round for fishing, boating and picnicking. If you're interested in retiring near the ocean without the humidity of a tropical destination, consider Portland. Social Security: No Matter Your Age, Do Not Claim Benefits Until You Reach This Milestone. Where to stay: Country Inn & Suites by Radisson. So, how many beaches are in Massachusetts? Ocean Springs is a Gulf community with a small population of less than 18,000 and a median age of around 40. It's less expensive than other coastal towns in Maryland because it doesn't actually have direct ocean access. Malaysia may have the cheapest place to live on the beach in the world and you won't believe your luck. It may also be a little more lively. The hurricane risk and the rate of city growth and sprawl are also what keep housing costs low. By clicking the 'Subscribe Now' button, you agree to our Terms of Use and Privacy Policy. But it does come with a tradeoff the weather. However, one of the reasons it may be more affordable than other beach towns is because its almost too popular with tourists, lacks arts and culture, and is on the seasonal hurricane path. Retirees can get into affordable homes starting at just under $200,000, including this $196,919 two-bedroom in a 55-plus community or this three-bedroom with a whirlpool hot tuband no age restrictionsfor $249,900. The town is home to the Florida Institute of Technology and is only 30 miles east of Orlando, which means that residents have both beach vibes as well as the conveniences of a college town and a major city. The city sits on a barrier island in the Gulf of Mexico, with sprawling beaches (though not necessarily the best in Texas), lively nightlife and a non-stop energy that keeps the Texas Southern students coming in. Please note: Photos are for representational purposes only.

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