4. Sun City, Arizona

In Sun City, Arizona, seniors’ average retirement income is slightly lower at $44,797. Comparatively, housing costs here make up about 15% of this amount.

Furthermore, only 3% of seniors rely on assistance from SNAP. Almost 84% own their own homes, but 27% are burdened by housing costs even during retirement. All in all, Sun City has ranked within the top 5% across the whole study, so you should definitely consider it a safe option if you want to downsize and move during retirement.

3. Huntsville, Alabama

Since 59% of seniors have a retirement income from private means (401(k), IRAs, Roth IRAs, etc, not including Social Security), Huntsville, Alabama, made it into the top five cities on the list in this category alone.

Only 22.6% of retirees are burdened by housing costs, but you also have to consider the fact that housing costs themselves represent 18% of their incomes, which sits at an average of $55,360.

2. Surprise, Arizona

Are you surprised that Surprise, Arizona made it on the list? OK, OK, back to the numbers.

This city ranked within the top five for a shocking 4 out of the 6 metrics! Very few seniors rely on assistance through SNAP and live below the poverty line, but a very high number own their own homes and have a retirement income.

As far as retirement income goes, they have around $54,478, including Social Security. That means that Surprise has the 18th highest metric in this category in the U.S.

1. The Villages, Florida

The Villages is one of the most popular retirement destinations for seniors all across the U.S. Unsurprising since it ranked first in five of the six metrics in the study. Here, 97% of people over the ages of 65 own their own homes. Only one of every 10 are housing cost-burdened, but housing costs only make up 13% of their income.

Only 5% of seniors live below the poverty line in The Villages, and 1% rely on SNAP.

Clearly, if you want to have a comfortable retirement, this is the place to be!