Last year, over 3.2 million Americans retired, more than doubling the prior year’s numbers. Many retirees looked to downsize or move to a cheaper housing market. And Forbes again released their list of the best places in the U.S. for retirees to relocate.
The 2021 lineup includes 25 spots in 18 states across all four continental time zones. They identified places with an exceptional retirement value — a high quality of life combined with affordability.
As usual, Savannah made the list.
Cost of Living
The cost of living in Savannah sits 17% below the national average. Retirement homes and luxury communities in Georgia are plentiful. Housing prices are very low compared to most cities — the median home price is $203,000, 38% below the national median. Seniors get Social Security plus up to $65,000 per person of retirement income exempt from state tax. In Georgia, there’s no state estate tax, making Savannah one of the most desirable cities for the financially savvy.
The winters are mild, and Savannah offers low climate change risk and moderate FEMA natural hazards risk. Our climate allows for year-round events and outdoor activities, so residents never feel cooped up or bored. And if you live at The Landings; golf, tennis, pickleball and bocce are played throughout every season. Golf communities in Savannah are among the most sought-after locations for luxury senior living.
Quality of Life
Our beautiful river town offers mild winters and good air quality. The city sits right on the coast but isn’t an unpleasant spring break destination. Downtown, beautiful natural sites and historic architecture make for great views wherever you go. The area is walkable and extremely bikeable. Award-winning dining and shopping options line our cobblestone streets and park squares around every corner make the city feel like home. Plus, the Milken Institute ranks Savannah high on the list of best cities for successful aging.
So all in all, retiring in Savannah is a smart move. Ready to experience The Landings for yourself? Schedule a Discovery Visit.