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30 Expensive Cities Retiree’s Will Want To Avoid

July 27, 2021 · Retirement Life
Photo by pavel TaraSYUK from Shutterstock

Palm City, Florida

Apart from its hot and steamy weather, Palm City is one of the most adored destinations by retirees. Just like in Huntley, seniors can save more money because they don’t have to pay any retirement or Social Security taxes.

Despite that, it’s still not a destination we would recommend, because the median list price for a home has risen to 21.18% and is now 408.692.27.

Ormond Beach, Florida

In Ormond Beach, Florida, your financial situation needs to be just as high as in Palm City, if not higher. The median home list price extended by 26.62% in the past five years. In addition to that, the total amount of money you’d need for your living expenses is up to $54,192.24.

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