10 budget cities where you can retire in comfort by Elaine360

Retiring on $30,000 a year is manageable — if you live in a low-cost area. That means housing costs are affordable, taxes are favorable to retirees and there are a variety of inexpensive dining and entertainment options. AARP The Magazine recently compiled a list of 10 places throughout the U.S. where retirees can live comfortably, yet inexpensively. Take a look.

1. Daytona/Deltona/Ormond Beach, Fla.

Population: 514,450

State tax on Social Security: No

State tax on pensions: No

The median home price is $108,900, the median mortgage payment is $416 and the median property tax is $1,161. There’s no state tax on Social Security or on pensions. Love watching baseball? Join the Silver Sluggers Club, where for $15 you can get in free to all Tuesday games where the Class A Daytona Cubs play, according to the AARP report.

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Elaine                                                     
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Senior Director, Coldwell Banker New Homes Division
With over 200 condominium, townhome and loft projects successfully marketed

“Fewer properties for sale with such remarkably low interest rates make it a great time to sell but a more difficult time to buy”

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