Get updates delivered to you daily. Free and customizable.
GOBankingRates
9 Warm Weather States That Are More Affordable for Retirees Than Florida
By Gina Hagler,
4 hours ago
Is Florida on your mind for retirement but you’re not too keen on the cost of living? The Sunshine State has been a key place for retirees to relocate to for its warm weather and tax friendliness, but while it doesn’t fall into the top 10 most expensive states to retire in, it isn’t considered one of the least expensive.
Florida’s cost of living in 2024 is $40,512, according to Forbes . The cost of living is based on housing, health care, transportation, food, taxes and other necessary expenses. This list precludes Hawaii, as the warm weather is overshadowed by the cost of living that vastly exceeds Florida and the rest of the states.
Mississippi’s average summer temperature is equivalent to Florida’s, though the former can rise to over 100 F. Biloxi Beach is fantastic and offers plenty of activities.
Alabama offers a substantial discount on the cost of living while also being one of the warmest states. WalletHub ranks Alabama as the most affordable state for retirees.
DenisTangneyJr / iStock.com
Oklahoma
Annual cost of living: $33,966
Average summer temperature: 80.8 F
Oklahoma offers long summers and mild winters, containing a mix of semiarid and humid subtropical climates.
digidreamgrafix / Getty Images/iStockphoto
South Carolina
Annual cost of living: $34,826
Average summer temperature: 78.7 F
The second most affordable state for retirees, South Carolina, is another state with a humid subtropical climate providing desirable summer heat. Hilton Head Island features 12 miles of the Atlantic beachfront.
Louisiana gets some heat from its closeness to the Gulf of Mexico. The state is known for long summers and short winters. The Grand Isle offers a break from the marshes and bayous for an experience that more closely resembles the classic beach feeling.
RoschetzkyIstockPhoto / Getty Images
Texas
Annual cost of living: $37,582
Average summer temperature: 85.3 F
While Texas experiences some variances in weather due to its large size, it still ranks highly for its warmth.
Sean Pavone / iStock.com
Georgia
Annual cost of living: $38,747
Average summer temperature: 79.7 F
Florida’s border state features slightly lower average temperatures, falling just below 80 F in the summer, though it is still one of the warmest states. Georgia also offers a number of beaches to visit along its Atlantic coast.
Arizona is only marginally more affordable than Florida, but it is still an option with plenty of summer heat. You’ll be foregoing the beach if you go with Arizona, but you’ll find spectacular vistas and ample opportunities for outdoor living.
Get updates delivered to you daily. Free and customizable.
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.
Comments / 0