Tags: Retirement | retirement | California | affordable places

Most Affordable Places for Retirees in California

By    |   Tuesday, 02 June 2015 11:29 AM

When people are starting to look around for where they want to retire, California is one of the states at the top of most lists. However, thanks to the outrageous cost of living and housing costs that range on the obscene, the idea of retirement in California is a dream to most people. However, that isn't always the case, and in a state as large as California, there are a lot of options. Here are some of the more affordable places for people to consider when looking for a retirement destination in California.

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  1. Redding - Located in Northern California, Redding has the Sacramento River running through the town and offers a lot of relaxing water fun for retirees, including boating and more. The summers are hot and dry, while the winters remain wet and cold, so this is not really what people think of when they consider California weather. However, when it comes to affordable prices for retirement in California, this is a great destination, with median house prices less than $200,000. The town also has a very strong senior community.
  2. Eureka - Another spot up North, Eureka is an elegant retirement community in California, with Victorian houses and opportunities to hike, backpack, and bird watch. Much like Redding, the price to live in Eureka is much better than other areas of California, with the median house costs only around $207,300. It also has better weather than Redding, with temperatures sticking around 50 to 60 degrees Fahrenheit year round.
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  4. Rio Vista - Rio Vista is a small town along the Sacramento River in California, and offers easy access to both San Francisco and Sacramento. This is the more expensive  retirement location of the choices presented here, but at $241,000 for the median house price, it is still more reasonable than most other retirement communities in California. Unlike many towns in California, this is a small one that is more like something one might find in the Midwest, with rotary clubs and a nice senior center for retired people.
  5. Palm Springs - Palm Springs was the hot bed of the California world 50 years ago, thanks to Frank Sinatra and the Rat Pack making it famous. It isn't quite the same hot destination as it used to be, but it is still a great option when it comes to retirement in California. The housing prices are very affordable, sitting at about $198,800, which is very low considering how popular the community used to be. One of the problems is the desert heat in the summer, which is almost unbearable. However, the golf is great and the retirement community there is very active.
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When people are starting to look around for where they want to retire, California is one of the states at the top of most lists.
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Tuesday, 02 June 2015 11:29 AM
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