Here’s Where To Retire In North Carolina Affordably On $2,500 Per Month
Where and when to retire are important decisions. You want to be in a location where you can fully enjoy retirement. But you also want to make the most of…
Where and when to retire are important decisions. You want to be in a location where you can fully enjoy retirement. But you also want to make the most of your money. North Carolina is a constantly growing state offering fantastic collegiate education, job opportunities, and recreational destination. And in 2022, it was named America’s Top State for Business by CNBC. But once you're done with your working days, should you stay? If you're looking to retire in North Carolina here's where you can do it affordably.
The lower-than-average cost of living as well as proximity to both the mountains and the coast make it an ideal place to kick back and relax. Whether you want to immerse yourself in everything a city or town offers, or road trip across the state. You'll find the perfect location in North Carolina. But which ones make the list of the best places to retire in North Carolina affordably? The folks at Go Banking Rates compiled a list of the top 6 places to retire on $2,500 a month in North Carolina.
Keep reading to see which cities and towns are the most retirement friendly. You can also read the full Go Banking Rates study here.
Raleigh
- Monthly expenditures: $2,167
- Livability: 75
The largest city on this list is the capital city. While some may see a rivalry between Raleigh and Charlotte, I've lived in both and think both are fantastic places to call home.
Garner
- Monthly expenditures: $2,140
- Livability: 73
American Idol may have made Garner, NC look like small town USA but instead, it's a bustling suburb of Raleigh. You'll get all the amenities of living in a big city but with the small community-like feel of any of our state's suburbs.
Wilmington
- Monthly expenditures: $2,109
- Livability: 65
Where better to retire than by the beach? You're just a short drive from several NC beaches in Wilmington.
Durham
- Monthly expenditures: $2,060
- Livability: 70
The triangle is faring well on this list. Durham seems to find itself rising more and more on a variety of lists and for good reason!
Concord
- Monthly expenditures: $1,919
- Livability: 83
This is as close as you'll get to the Queen City for an affordable retirement. Concord has been growing steadily and it's a wonderful town to retire.
Greensboro
- Monthly expenditures: $1,911
- Livability: 66
It feels like Greensboro often gets overlooked between Raleigh and Charlotte. But it's an affordable location to call home especially in retirement.
