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GOBankingRates
5 Carolina Cities to Consider for Retirement
By Sean Fisher, AI Editor,
2024-03-17
The Carolinas, encompassing both North and South Carolina, are renowned for their diverse landscapes, rich history, and warm hospitality, making them ideal destinations for retirees seeking a blend of relaxation, adventure, and community. From the serene mountains to the picturesque coastlines, the Carolinas offer a variety of settings to suit any lifestyle.
To find the best cities in the Carolinas, GoBankingRates looked at the amount of moving to moving to data in the Carolinas to find these cities as the most cherished among its population. We then looked at cost of living from the Cost of Living Index as well as the most current real estate data from Zillow.
Whether you’re drawn to the cultural vibrancy of city life or the tranquility of coastal living, these five cities stand out as top choices for those looking to make the most of their retirement years. Let’s explore what each of these unique Carolina cities has to offer.
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Asheville, NC
Average Home Value: $462,510
Average Rent Cost a Month: $1,717
Average Monthly Cost (Single-Person): $2,662
Livability Score: 72
Natural Beauty: Asheville is surrounded by some of the most breathtaking landscapes in the United States, offering endless outdoor activities.
Arts and Culture: This city is a haven for artists and musicians, with a vibrant downtown filled with galleries, theaters, and live music venues.
Climate: Enjoy four distinct seasons with mild winters, making it perfect for year-round outdoor adventures.
Rich History: Charleston’s well-preserved architecture and historic sites offer a glimpse into America’s past.
Culinary Scene: Known for its exceptional cuisine, Charleston is a foodie’s paradise, boasting an array of dining options from traditional Southern cooking to contemporary dishes.
Beaches: Proximity to beautiful beaches provides a serene escape and numerous water-related activities.
Kruck20 / Getty Images/iStockphoto
Greenville, SC
Average Home Value: $299,060
Average Rent Cost a Month: $1,206
Average Monthly Cost (Single-Person): $2,184
Livability Score: 80
Downtown: Greenville’s award-winning, walkable downtown features a unique floating suspension bridge, shops, and restaurants.
Community: A strong sense of community with friendly neighborhoods and regular downtown events, festivals, and farmers’ markets.
Cost of Living: Greenville offers an affordable cost of living without sacrificing quality of life, making it an attractive option for retiree
DenisTangneyJr / Getty Images
Wilmington, NC
Average Home Value: $395,758
Average Rent Cost a Month: $1,622
Average Monthly Cost (Single-Person): $2,441
Livability Score: 70
Waterfront: The historic Riverwalk offers stunning views of the Cape Fear River, lined with shops and cafes.
Beaches: Access to several beaches within a short drive, including Wrightsville Beach, known for its clear blue waters.
Arts and Entertainment: A vibrant arts scene with live theater, film festivals, and the renowned Wilmington Symphony Orchestra.
Kruck20 / iStock.com
Cary, NC
Average Home Value: $599,278
Average Rent Cost a Month: $1,630
Average Monthly Cost (Single-Person): $2,313
Livability Score: 90
Safety and Healthcare: Cary is known for its safety and access to top-rated healthcare facilities.
Parks and Recreation: Over 30 public parks and a greenway system that spans over 70 miles, ideal for biking, hiking, and leisurely walks.
Cultural Diversity: A diverse and welcoming community with a variety of cultural festivals, international cuisine, and educational opportunities.
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