It’s not necessary to deplete your savings in order to retire in Texas. The state is home to numerous tiny towns that provide tight-knit communities, reasonably priced housing, and a cheaper cost of life.
These communities give retirees the chance to live well on Social Security alone without compromising their standard of living. These ten Texas communities are ideal for seniors who want to enjoy their golden years at a reasonable cost.
Burkburnett
The cost of living in Burkburnett, which lies on the Texas-Oklahoma border, is 8% lower than the national average. The average monthly rent is approximately $950, and the median property price is approximately $172,800.
The municipality offers parks, peaceful surroundings, and outdoor recreation options. It’s an excellent option for retirees on a tight budget because grocery and transit expenditures are also less than usual.
Seymour
The median home price in the little town of Seymour is about $89,000, making it a reasonably priced location to reside.
With museums, city parks, and a plethora of recreational opportunities, the town provides a laid-back way of life. Retirees can live well on Social Security thanks to Seymour’s affordable housing expenses.
Kermit
The median cost of a home in Kermit is roughly $249,800. This community, which is well-known for its relaxed vibe, provides a number of facilities for retirees, such as golf courses, elder activities, and easy access to Monahans Sandhills State Park.
Kermit is a desirable location for anyone searching for an inexpensive retirement vacation because of its low cost of living.
Hawkins
Hawkins, which is close to Lake Hawkins and has a median property price of about $249,900, provides access to a range of outdoor activities.
The town features a quiet, small-town atmosphere with a senior community centre. For seniors who like a slower pace of life and proximity to nature, Hawkins is ideal.
Woodville
The median home price in Woodville, a small town, is about $175,900. For seniors who might need to travel for work or pleasure, it provides easy access to roads, museums, and family-friendly activities. It is the perfect area for retirees to feel at home because of the friendly community.
Canyon
The cost of living in Canyon is 14% lower than the national average. This town’s median monthly rent is around $1,200. Canyon retirees benefit from parks, healthcare, and a more leisurely pace of life.
The town is a wise choice for anyone who want to retire without going over budget because of its amenities and affordability.
McAllen
The cost of living in McAllen is 21% lower than the national average. The median monthly rent is approximately $1,300, and the median property value is approximately $216,800.
One of the most reasonably priced retirement communities in Texas, McAllen is well-liked by seniors due to its many parks, varied culinary scene, and pleasant environment.
Henderson
Henderson has a median monthly rent of about $895 and a cost of living that is 8% lower than the national average. For retirees who love being outside, this community is perfect, especially at Martin Creek Lake State Park.
Henderson is a lovely and reasonably priced area to retire because it also provides a range of community events.
Galveston
Galveston is a coastal city with beach access, historic charm, and a cost of living that is 8% lower than the national average. The monthly median rent is almost $946.
The town is a desirable choice for seniors seeking a lively community and picturesque views because of its combination of reasonably priced housing and a coastal lifestyle.
Lufkin
Surrounded by national forests, Lufkin is a lakeside town with a typical rent of $1,192 per month and a median home value of about $184,300.
The town is an active destination for seniors to enjoy outdoor activities and community events since it offers a variety of cultural attractions. Lufkin is a fantastic option for people seeking a low-cost retirement because of its reasonably priced living.
These ten Texas villages show that it is feasible to retire on a tight budget. Retirees can live a happy life without needing a sizable nest egg thanks to affordable housing, a lower cost of living, and friendly communities.
Texas has several possibilities for reasonably priced retirement living, regardless of your preference for a more active lifestyle or a peaceful haven.
