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Most Affordable Places for Retirees in Georgia

By    |   Wednesday, 10 Jun 2015 11:10 AM

If you are thinking relocating to begin your retirement, you likely have a wish list that includes living within your means.

Fortunately, choosing an affordable retirement location does not mean having to compromise on the quality of home you wish to purchase or rent, or forgoing other benefits such as a pleasant climate or proximity to recreational activities.

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Retirement in Georgia offers many enjoyable and affordable options, such as those listed here:

1. Savannah
Considered by many to be the crown jewel of Georgia, Savannah may not be first place that springs to mind when one considers affordability. However, the cost of living is 8.6 percent below the national average, with the median home cost registering only a modest $87,200.

Savannah has the benefit of historical charm, a thriving arts community, proximity to an international airport and a scenic, coastal location.

2. Gainesville
Located on beautiful Lake Lanier, Gainesville offers mountain scenery at a bargain price. Usually lakefront communities are more expensive retirement regions, but the cost of living in Gainesville is actually 7.5 percent below the national average.

Retirement in Gainesville will give you the opportunity to hike in the 1,500-acre nature reserve, golf on the 15 area golf courses, and relax on the 700 miles of Lake Lanier shoreline.

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3. Athens
Best known for being the home of the University of Georgia, Athens is a hip, exciting town with a thriving music scene. The cost of living here is low, about 4 percent below the national average. Antebellum architecture gives Athens an authentic, historic feel.

Of course, if you are interested in continuing your education, the university offers opportunities to do so. However, be advised that unless you wish to travel to one of the locations served by the tiny Athens airport, the next closest airport is 90 minutes away in Atlanta.

4. Peachtree City
Peachtree City offers luxurious, resort-style living at a price that, unlike other resort locations, does not limit citizenship to the super elite. Peachtree was rated by CNN Money as one of the best places to live in the United States in 2007.

Transportation in Peachtree City is mainly composed of golf carts. The town has more than 90 miles of golf course paths, which makes for an environmentally friendly and neighborly community.

With a cost of living 15 percent above the national average, Peachtree City may not be considered as affordable in comparison to other locations in the state. However, consider that in Martha's Vineyard, another resort-style retirement destination, the cost of living is 60 percent above the national average.

An Extremely Simple Way to Determine If You're Ready to Retire — Find Out Now

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If you are thinking relocating to begin your retirement, you likely have a wish list that includes living within your means.
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2015-10-10
Wednesday, 10 Jun 2015 11:10 AM
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