California is known for its high cost of living. However, there are still places where retirees can live comfortably on limited incomes.
The analysis took into account average income, monthly expenses, climate, and the proportion of the population over the age of 65.
Redding
– Population 65+: 19.5%
– Habitability index: 75
– Monthly cost to homeowners: $1,935
– Monthly cost for tenants: $1,356
Located in the northern part of the state, Redding offers access to nature, a mild climate and an active senior community.
Sacramento
– Population 65+: 14.1%
– Livability index: 73
– Monthly cost for owners: $2,360
– Monthly cost for tenants: $1,631
California’s capital combines urban amenities with green spaces and an expanding healthcare network for retirees.
Ash Tree
– Population 65+: 12.1%
– Habitability index: 63
– Monthly cost for owners: $1,756
– Monthly cost for tenants: $1,366
Fresno, with its warm weather and affordable economy, is an appealing option for those looking for peace and quiet without being too far from cities.
Stockton
– Population 65+: 13%
– Habitability index: 59
– Monthly cost to homeowners: $2,107
– Monthly cost to renters: $1,579
Despite its economic challenges, Stockton provides affordable housing, a diverse community, and access to basic services.
Bakersfield
– Population 65+: 10.8%
– Habitability index: 57
– Monthly cost for owners: $1,747
– Monthly cost for tenants: $1,425
Bakersfield, with its warm weather and economy based on energy and agriculture, is ideal for retirees seeking stability and low costs.
Real options for retirement in California
Although California is often associated with high prices, these five cities show that you can retire on a $2,500 monthly budget without sacrificing quality of life.
With pleasant weather, affordable services, and active communities, these cities provide a dignified and peaceful retirement in the Golden State.