3 Arizona cities named to top 20 list of most affordable retirement spots
PHOENIX — Three Arizona cities claimed spots on a new ranking of the top 20 most affordable places to retire in the Unites States.
It’s no surprise Phoenix comes in at No. 17 on 55places.com’s list, as the area is known to be a popular spot among retirees.
Tucson and Yuma joined Phoenix as Arizona’s other best large cities to retire in, ranking No. 13 and No. 20, respectively.
Certain factors were weighed to compile the rankings, including cost of living, median home value, median income and home prices.
55+ community selection, state taxes, transit score, walk score, volunteer opportunities and climate were also evaluated.
All three cities scored high in climate, with Phoenix also ranking highest in cost of living and volunteer opportunities.
Tucson’s low home prices and property taxes make it desirable, while Yuma’s lower median value home prices helped the city round out the list.
Phoenix is also home to the original 55+ community, Sun City. Almost 80 retirement communities now call Phoenix their home.
Boynton Beach, Fla., claimed the top spot, followed by Sarasota, Fla., and Salt Lake City, Utah.