Picking a place to retire is probably the biggest question you have for the next phase of your life, right? Should you trade your property taxes for pura vida in Central America, or find a beautiful spot near home? We’ve done the research and put together the ultimate list for 2025. We highlight incredible international destinations and fantastic, low-tax US cities, perfect for those who want better weather and a lower cost of living without leaving the country. Get ready to explore the best places to save money, get great healthcare, and finally start living your retirement dream. Shall we?
1. Panama
It’s hurricane-free and stable, offering a comfortable life for around $2,400 monthly. Retirees enjoy high-speed internet, good food, and affordable healthcare.
2. Portugal
An enduring favorite with stunning coasts and history. A couple can live comfortably on $2,500 monthly, enjoying the affordable European lifestyle.
3. Costa Rica
The Pura Vida lifestyle and low cost of living attract nature lovers. It’s easily accessible from the US with great biodiversity and friendly locals.
4. France
Retirees benefit from world-class arts, gourmet food, and an affordable, often top-ranked, healthcare system. Rent is significantly less than in the US.
5. Malaysia
This vibrant Southeast Asian nation has a rich culture and it’s affordable. Retirees can live well here on a low budget because housing and dining are cheap.
6. Greece
Life moves at a relaxed pace among ancient history and turquoise waters. Outside major cities, a modest budget covers fresh markets and affordable tavernas.
7. Thailand
Retirees will love the exotic mix of ancient temples and modern cities. The people are nice and there are a lot of different places to live, so the quality of life is really good outside the US.
8. Italy
The country has a welcoming culture and rewarding life in smaller towns. It’s a diverse place to embrace la dolce vita and rich history without breaking the bank.
9. Uruguay
South America’s most stable gem has a low crime rate and a great quality of life. It’s a great place for retirees who want that European vibe and some low-key beaches.
10. Malta
Retirees enjoy an English-speaking, safe Mediterranean island with EU healthcare. It’s a small nation with a rich history and great climate.
11. Walla Walla, WA
There’s no state income tax, and crime is low. It’s got over 100 wineries, great dining, nice air quality, and a good doctor-to-patient ratio.
12. Traverse City, MI
This scenic Lake Michigan town is low-risk and has 30+ golf courses and arts access. The state tax doesn’t include Social Security or some pension income.
13. Scottsdale, AZ
Retirees love the 50+ golf courses and desert hiking. Social Security benefits don’t count towards state taxes, but be prepared for the hot summers.
14. Sarasota, FL
There are beaches, boating, and a sophisticated arts scene to enjoy. And since there’s no state income tax, that helps offset the above-average crime rate. Also, it’s very walkable and bikeable.
15. Portland, ME
This walkable city has great air quality and low crime. Retirees love the land and water recreation options, and Boston is just a 2.5-hour drive away.
16. Pinehurst, NC
Golf is the main attraction here, with 40 area courses. It’s got good air quality and low crime. State taxes are low, and Social Security is exempt.
17. Iowa City, IA
This college town is great for lifelong learning and starting new projects without taking too much risk. All retirement income is now exempt from the state’s low 3.8% flat income tax.
18. Hilton Head, SC
This island’s got over 70 golf courses and water recreation activities. There’s no tax on Social Security, and $20k of pension income is also exempt.
19. Eugene, OR
It’s a great college town for outdoor culture and seniors can audit classes for free. There’s no sales tax, but the income tax is quite high.
20. Dallas, TX
The Big D has nearly 80 golf courses and no state income or estate tax. It’s great for arts and culture, though summers are hot and crime is a bit higher.
