Additional Coverage:
Dream of a Coastal Retirement? Think Beyond Florida’s Pricey Paradises!
When you picture a magazine-worthy retirement by the sea, dazzling Florida cities like Miami, Sarasota, and Naples often spring to mind. But let’s be real – those sun-drenched havens come with price tags that can make your wallet weep. With median home prices soaring past $400,000 statewide, and over half a million in the glitzy hot spots, a budget-conscious retirement might mean looking beyond the Sunshine State.
Good news, future retirees! Miles of sandy shoreline and that coveted “salt life” vibe aren’t exclusive to Florida. We’ve scouted out some fantastic, more affordable beach towns across the U.S. where your retirement dreams won’t break the bank.
Here are some coastal gems offering that relaxed, seaside lifestyle without the hefty Florida price tag:
1. Myrtle Beach, South Carolina
Average Rent: $1,349
Median Home Price: $318,691
Welcome to the Grand Strand, a sprawling stretch of 14 interconnected beach communities boasting 60 miles of pristine sand. Myrtle Beach offers something for everyone, from thousands of diverse restaurants to 90 golf courses ready for your tee time.
Best of all, housing here is about 29% below the national average, making it a truly appealing option for retirees. Don’t forget to stroll along the 1.2-mile boardwalk, complete with shops and a towering 187-foot Ferris wheel!
2. Corpus Christi, Texas
Average Rent: $1,009
Median Home Price: $217,379
With nine bay and gulf beaches, Corpus Christi is a haven of natural beauty, brimming with parks and gardens. Indulge in fresh seafood and authentic Tex-Mex, or explore attractions like the Bayfront Seawall. This vibrant city is a popular choice for retirees, who make up 16% of the population, drawn by its affordability and welcoming community.
3. Biloxi, Mississippi
Average Rent: $1,800
Median Home Price: $227,750
Discover Biloxi, an often-overlooked coastal treasure where you can spend your days on the beach and your evenings trying your luck at a casino. Boating, savoring fresh seafood, and enjoying the blues are all part of the charm in this diverse city, known for its resilient lighthouse and historic architecture. Retirees are attracted by the small-town feel, favorable tax policies, and famous Southern hospitality.
4. Brunswick, Georgia
Average Rent: $1,219
Median Home Price: $246,678
As the gateway to the Golden Isles, Brunswick offers a picturesque marina park, charming historic squares, and scenic strolls. This port city also boasts some of Georgia’s finest seafood restaurants and abundant, top-tier golf courses. With a cost-of-living index approximately 12% lower than the U.S. average, Brunswick presents an affordable, laid-back coastal retirement that outshines pricier Florida locales.
5. Newport News, Virginia
Average Rent: $1,256
Median Home Price: $285,531
Nestled on the Hampton Roads Harbor near Chesapeake Bay, Newport News is steeped in history dating back to Jamestown. Just a short drive from Virginia Beach, this city offers historic homes, local breweries, and plenty of outdoor activities. Retirees appreciate the blend of small-town charm and big-city amenities in this shipbuilding hub.
6. Waveland, Mississippi
Average Rent: $809
Median Home Price: $210,807
Waveland, “The Hospitality City,” draws retirees with its warm ambiance, Southern charm, and beautiful Gulf beaches. Commercial buildings are prohibited on its shores, ensuring their pristine condition. Buccaneer State Park provides ample recreational opportunities, and for a dose of big-city excitement, New Orleans is just an hour’s drive away.
7. Freeport, Texas
Average Rent: $713
Median Home Price: $141,926
Tied for the most affordable spot on our list, Freeport is a smaller, industrially focused city south of Houston. It’s a perfect destination for RV enthusiasts and anyone seeking stunning Gulf views. Golfing, casual shopping, and tranquil beach days are popular pastimes for retirees, alongside boating, fishing, and enjoying spectacular sunsets.
8. Atlantic City, New Jersey
Average Rent: $1,199
Median Home Price: $220,297
For those who prefer a Northeastern coastal retirement, iconic Atlantic City delivers beach views without the exorbitant Florida prices. Casino enthusiasts, nightlife lovers, and foodies will find endless options in this city with its classic carnival atmosphere. While winters may be chilly, retirees can enjoy off-season rates and a variety of indoor activities until spring arrives.
9. Pascagoula, Mississippi
Average Rent: $830
Median Home Price: $141,909
One of the most budget-friendly cities on our list, Pascagoula is located about 20 miles east of Biloxi, surrounded by the Gulf and river. It offers a less touristy, more local experience, ideal for many retirees.
Pascagoula is also walkable, featuring a charming downtown with independent shops. This area boasts one of the lowest costs of living, perfect for those seeking small-town coastal life.
10. Pensacola, Florida
Average Rent: $1,318
Median Home Price: $260,575
Surprise! You can find an affordable, beautiful beach town in Florida, far from the sky-high prices of Naples or Miami.
The Panhandle offers a distinct vibe, but its white sand beaches and turquoise waters are just as, if not more, breathtaking. Pensacola attracts retirees from across the country, boasting a significant older adult population.
The Bottom Line: Your Coastal Retirement Awaits!
While Florida often remains the gold standard for many seeking a stress-free, ocean-view retirement, the rising costs in many of its cities are making other states increasingly appealing for budget-conscious individuals. The good news is that each of these alternative coastal cities offers its own unique local flavor, from diverse cuisine and music to rich cultural experiences, ensuring there’s always something new and exciting to explore in your golden years.