Don’t retire in Santa Ana, California
Santa Ana might be familiar to you because of the Santa Ana winds, but it is also a place where many retirees choose to spend their golden years. However, compared to other cities in the region, living there is not for every retiree’s budget.
With a median list price of over a half of million dollars, $100,000 higher than the national average, and an average annual expenditure of $79,267 for senior citizens, Santa Ana will blow your budget faster than its winds.
Instead, opt for Henderson, Nevada
Just across the border, in Nevada, you can find the cheaper alternative of Santa Ana, namely Henderson. It provides all the amenities you could also find in Las Vegas but at a much more affordable price. The median housing price is $363,000, about $200,000 less than what you’d pay for a home in Santa Ana. That’s quite the saving!
In terms of annual expenditures, the average amount that senior citizens have to pay is $15,000 a year lower. You get to save some money from this category too!
Read also: The Most Desired Places to Retire in USA