3. Corpus Christi, Texas

Texas features a vast coastline that many retirees overlook in favor of Florida or the Carolinas. Corpus Christi sits perfectly on the Gulf of Mexico, shielded by the barrier islands of Padre and Mustang. It is a haven for outdoor enthusiasts, offering world-class fishing, windsurfing, and sailing.

The cost of living in Corpus Christi routinely ranks below the national average. You can secure a home near the water—or even on a canal—for a price that would barely buy a studio apartment in California. Like Florida, Texas boasts no state income tax, making it a highly attractive destination for those managing tight retirement budgets.

The trade-off in Texas usually comes in the form of property taxes, which are higher than the national average. When calculating your monthly expenses, be sure to look at the exact tax rate for your specific county and school district. Texas does offer property tax exemptions for residents over age 65, which can significantly cushion this expense.