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Most Affordable Places for Retirees in Kansas

By    |   Friday, 05 Jun 2015 05:30 PM

There's no place like home in a state where the median home price is $111,000 and the cost of living is 12 percent below average. If you're making retirement plans in Kansas, here are some of the most affordable places to do it.

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  1. Lawrence - The college town of Lawrence, home of the University of Kansas, is the biggest draw for retirees who settle down here. However, a thriving downtown and access to good medical care are also part of the appeal. With a median home cost of $141,800 and a cost of living 3.8 percent lower than the national average, MarketWatch, a financial information website published by Dow Jones & Co., lists it among the picks for "Retire Here, Not There: Kansas."
  2. Manhattan - We're not talking New York, here. Unlike the Big Apple, where housing will cost you 80 percent more, according to NerdWallet, here in the Little Apple of Kansas, it's just $182,100. Kansas's Manhattan is best known as the home of Kansas State University. It's also home to the United States Army post of Fort Riley. Movoto Real Estate calls it one of the "10 Most Exciting Small Towns in America" and even notes the college students' big "Fake Patty's Day" party held the Saturday before spring break as being one of the town's big draws. Retirees may be looking for a little less nightlife. Manhattan has that, too.

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  4. Olathe - In Olathe, some of the top things to do are to go to the movies, the historic stagecoach shop and farm, the nature center, the shooting range or the automotive museum. If those sound like good retirement pastimes to fill your calendar, this upscale Kansas City suburb may be for you. It has a cost of living that's nearly 6 percent above the national average, but the median home cost is $170,700, and you don't have to go far to find a barbecue joint or a golf course.
  5. Topeka - In the state's capital city, the median home cost is just $95,000. Sperling's Best Places says it's been rated one of the country's "least stressful" small cities. Residents don't have many complaints in the way of traffic. Livablility ranks it No. 9 on its list of "Best Affordable Places to Live" because of its low housing costs, low unemployment, expansive parks, good schools and entertainment options.
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There's no place like home in a state where the median home price is $111,000 and the cost of living is 12 percent below average. If you're making retirement plans in Kansas, here are some of the most affordable places to do it.
retirement, Kansas, affordable places
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2015-30-05
Friday, 05 Jun 2015 05:30 PM
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