If you can’t afford the Hamptons or New York City’s most affluent areas, don’t give up on a comfortable New York retirement. Many of the best places to retire in New York are both affordable and ideal retirement choices.
Here are four diverse New York destinations where you can retire comfortably and affordably.
Syracuse
Syracuse has long been regarded as a true jewel among New York seniors. It was recently named one of the greatest places to retire on $75 per day by U.S. News and World Report. For instance, renters over 60 pay a typical rent of $641 per month, while homeowners may discover average home prices of $75,000. Retirees also choose Syracuse for its comprehensive and high-quality healthcare alternatives.
Most importantly, elders will not be denied access to high-quality activities. Syracuse is an excellent retirement location for sports aficionados, as the nearby Syracuse Orange are frequently named among the finest teams in the nation. Syracuse, as a college town, hosts a variety of free cultural events and film festivals throughout the year.
Beautiful Syracuse is an excellent alternative for retiring to upstate New York on a budget due to its low cost of living, fascinating activities, and superior healthcare.
Buffalo
NerdWallet recently listed Buffalo-Niagara Falls as the #3 place in the country for baby boomers looking to retire affordably. Buffalo’s cost of living index of 79, combined with its cheap public transit prices, provides seniors with a true low-cost retirement location.
Buffalo’s retired boomers have known about this secret for a long time, and they have helped to create a thriving and active retirement community. Why do so many retirees enjoy Buffalo? As a result, more than one-quarter of the city’s population is aged 50 to 70.
Cultured seniors will also find lots of art galleries to visit, and sports aficionados can cheer on their favorite Buffalo Bills. Buffalo retirees appreciate the area’s walkable neighborhoods, beautiful wine paths, and picturesque shoreline.
Simply simply, Buffalo has enough diversity to suit every retiree’s tastes.
Binghamton
Binghamton is a wonderful retirement choice for those who value quaint charm, open air, quiet, and affordability. While Binghamton is also home to Binghamton University, the town is spacious, allowing the student crowd and seniors to have their own area.
This creates an amiable atmosphere in the neighborhood, where both young and old enjoy their stay in Binghamton. Seniors over the age of 60 can interact with the younger generation by auditing free university classes.
Other features include the opportunity to witness the most recent astronomical breakthroughs at the Kopernik Observatory and Space Center for $3 each visit. Upstate New York is famed for its beauty and affordability, and few communities demonstrate this more than Binghamton.
Binghamton has a cost of living index of only 92, attributable to a housing index of 50 (against the national average of 100). Binghamton’s affordable housing alternatives make it easier for retirees to find accommodation in this charming upstate New York retirement city.
Rochester
As the third largest city in New York state, one could assume that it is pricey. Fortunately, the city is very affordable. With a housing score of 35 and an overall cost of living index of 80 (compared to national averages of 100), Rochester has some of the most affordable housing in the country.
Even though the city is so affordable, there are several fantastic places that offer affordable fine dining experiences. Expect to find excellent BBQ, renowned steakhouses, and more all across the city.
Retirees looking to stay active on the golf course will immediately fall in love with Rochester. According to Golf.com, Rochester is one of the top ten golf cities in the US, and the superb golf courses and active population of golfing retirees back up their claim.
The pleasant retirement community is the final cherry on top, making retirees feel completely at home. Rochester is an excellent choice for retirees looking for a metropolitan metropolis with a small-town vibe and a low cost of living.