If you’re looking for a place to retire, look no farther than Atlanta or Savannah, according to Forbes’ magazine.
Both cities are on its latest list of top 25 U.S. cities for seniors, Forbes said.
Forbes said it reviewed data for hundreds of cities in all 50 states, plus the District of Columbia. The biggest factors included home prices, cost of living and tax burden on retirees. Since more seniors are working, Forbes looked at the strength of local economies. Also important to seniors is climate, availability of physicians, outdoor facilities and opportunities to stay active, whether paid or volunteer.
While it did not rank the cities, Forbes offered pros and cons.
In Atlanta’s favor were climate, low cost of living, an average home price of $96,000, volunteering opportunities and a “good tax situation.” The city, however, was knocked for its crime and below-average air quality.
Savannah’s pros included low cost of living, favorable tax climate, good weather, a high number of physicians per capita and average home price of $137,000. Forbes, however, also cited the coastal city’s sluggish economy.
Other cities on the list: Albuquerque, N.M.; Alexandria, La.; Asheville, N.C.; Austin, Texas; Bloomington, Ind.; Boise, Idaho; Cape Coral, Fla.; Columbia, Mo.; Columbia, S.C.; Corpus Christi, Texas; Fargo, ND.; Fort Myers, Fla.; Huntsville, Ala.; Knoxville, Tenn.; Las Cruces, N.M.; Lynchburg, Va.; Pensacola, Fla.; Phoenix, Ariz.; Pittsburgh, Pa.; Salt Lake City, Utah; San Antonio, Texas; Tuscon, Ariz.; Tulsa, Okla.
Would you recommend Atlanta as a place to retire?