Key Takeaways
- New Cumberland offers retirees affordable housing, with home values below the national average and reasonable rental costs.
- Pennsylvania’s tax structure exempts Social Security and retirement plan distributions from state income tax, reducing retirees’ expenses.
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New Cumberland, Pennsylvania, is located just south of Harrisburg, but life here is much calmer than you’ll find in the state’s capital. The borough has about 7,500 residents, tree-lined streets, an older downtown, and parks along both the Susquehanna River and Yellow Breeches Creek.1
If you want a quiet place to retire that still has easy access to a larger city, New Cumberland offers both. In fact, Investopedia named it one of the 100 best places to retire in the U.S. Harrisburg’s hospitals, shops, restaurants, and cultural sights are a relatively quick drive away, yet New Cumberland still feels like a small town.
New Cumberland Cost of Living & Housing
Retirees looking to buy a home in New Cumberland will find that housing prices are fairly accessible for a community this close to a state capital. The average value for a home in New Cumberland is $298,456, below the national average of $371,774. Much of the borough consists of modest single-family houses on residential streets, with historic properties scattered around town.23…