Virginia: Lynchburg

You’ll be saving big if you move to Lynchburg, Virginia. Here, the median home value is $100,000 less than the national average, and what’s more, there has also been a 3% decrease in prices lately!

The recreational scope of this relatively small city is difficult to even wrap our heads around but, to put it simply, you’ll never get bored if you spend your retirement here, no matter what your hobbies are!

Washington: Wenatchee

If you don’t want to pay an arm and a leg to live in the Big Apple, why not settle for the “Apple Capital of the World”? Wenatchee is known for its many orchids as well as affordable prices for retirees who wish to move during their golden years.

Still, this is one of the more costly locations on the list. Housing will cost you an estimated $290,700., likely also due to a 7% increase in the last year. Meanwhile, rent prices have dropped by 4%, so you can expect to pay $1,531 per month as an alternative.

West Virginia: Parkersburg

Located at the confluence of the Ohio and Little Kanawha rivers, Parkesburg is an affordable alternative for most American seniors. In the state’s third-largest city you’ll find that the median home value is at $104,500.

Few other places can beat the rent prices here. At only $860 per month for rent, just think of all the things you could do with the extra money in your pocket. You should also know that prices have gone down steadily over the years, so if you’re still a little while away from retiring, you could see even more modest prices.

Wisconsin: Watertown

If you’re looking for another stable housing market, then you should look into Watertown. Here home values have increased by just 2.5% over the last year.

It’s also the largest city in the Watertown-Fort Atkinson micropolitan area, meaning that you’ll have no trouble finding fun activities around town- with all the spare time you’ll have during retirement, that’s a huge plus!

Wyoming: Riverton

Riverton is the largest city in Fremont County, Wyoming, which is probably just another reason behind the slight increase in home values.

That being said, rent here is relatively cheap. There has been a 6% reported decline, meaning that right now you could find a nice place for yourself for only $1,021 per month.