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Tue, Dec 31, 2013, 6:00pm EST - US Markets are closed

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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

30-Year Fixed

4.50%

(4.759% APR)

Magazine recently compiled a list of 10 places throughout

15-Year Fixed

3.50%

(3.903% APR)

5-Year ARM

2.99%

(3.151% APR)

30-Year VA

4.25%

(4.314% APR)

the U.S. where retirees can live comfortably, yet inexpen-

Yahoo Finance Originals

sively. Take a look.

Avoid gold: The last correction took 20 years

1. Daytona/Deltona/Ormond Beach, Fla.

2014 is the year of wearable tech: Sozzi

Population: 514,450
State tax on Social Security: No

Biggest IPOs of 2013

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. Theres 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.
2. Pocatello, Idaho
Population: 88,500
State tax on Social Security: No
State tax on pensions: Yes (with some exemptions)
The median home price is $127,500, the median mortgage payment is $487 and the median property tax is
$1,179. While there is a state tax on pensions (with some exemptions), there is none on Social Security,
according to the AARP report. Lifelong learners can take some classes on the cheap: Idaho State Universitys New Knowledge Adventures are open to those 50 and older and allow people to take unlimited

Poll

classes for a modest fee.

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in 2014?

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State tax on Social Security: No

State tax on pensions: Yes (with some exemptions)
The median home price is $110,400 in Bangor, the median mortgage payment is $421 and the median
property tax is $1,303. There are no state taxes on Social Security; there are on pensions (with some ex-

See Results

emptions). Nature lovers will appreciate the beauty of this part of the country, and so will music lovers; the
annual three-day American Folk Festival in Bangor is free.

Market News
4. Greenville, S.C.

Fast Money traders' best

(& worst) trades of the
y

Population: 628,600

04:32

State tax on Social Security: No

Built-in demand for nat

gas: Trader
03:09

State tax on pensions: Yes

The median home price is $127,600, the median mortgage payment is $487 and the median property tax is

Stocks 2013: one for the

record books

$753 in Greenville. There are no state taxes on Social Security; there are on pensions. Those looking for

02:07

cultural attractions will be pleased to know that admission to the Greenville County Museum of Art is free,
according to the AARP report. Trolley rides and downtown Wi-Fi are also free of charge in the city.
5. Grand Rapids, Mich.
Population: 782,100
State tax on Social Security: No

30-Year Fixed

4.50%

(4.759% APR)

15-Year Fixed

3.50%

(3.903% APR)

5-Year ARM

2.99%

(3.151% APR)

30-Year VA

4.25%

(4.314% APR)

State tax on pensions: Yes (with some exemptions)

The median home price is $114,200, the median mortgage payment is $436 and the median property tax is
$1,830. There are no state taxes on Social Security, but there are on pensions (with some exemptions).
Some bright spots of living in Grand Rapids include the international ArtPrize competition downtown, as well
as $14 tickets to watch the Grand Rapids Griffins ice hockey team, according to the AARP report.
Data Disclaimer

6. South Bend, Ind.

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Population: 316,900
State tax on Social Security: No
State tax on pensions: Yes
The median home price is $82,500, the median mortgage payment is $315 and the median property tax is
$846. There are no state taxes on Social Security; there are on pensions. South Bend is best known as
the home of the University of Notre Dame, and free campus tours are offered. The university also draws
well-known entertainment acts, according to AARP. At left, University of Notre Dame in South Bend.
7. Erie, Penn.
Population: 278,500
State tax on Social Security: No
State tax on pensions: No
The median home price is $106,600, the median mortgage payment is $407 and the median property tax is
$1,899. There are no state taxes on Social Security or pensions. While Erie is known as a manufacturing
town, one of Eries natural treasures is Presque Isle State Park, a seven-mile peninsula of beaches on
Lake Erie, according to the AARP report.
8. Louisville, Ky.
Population: 1,250,000
State tax on Social Security: No

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$1,116. Theres no state tax on Social Security, and theres a partial state tax on pensions, according to
AARP. Attractions here include 18 parks designed by Frederick Law Olmsted (the designer of Central Park
in New York), the Louisville Slugger Museum and Factory, and the Kentucky Derby at Churchill Downs
racetrack.
9. Sherman/Denison, Texas
Population: 120,600
State tax on Social Security: No
State tax on pensions: No
The median home price is $79,400, the median mortgage payment is $303 and the median property tax is
$1,158. There are no state taxes on Social Security or pensions. For free, retirees can visit the Hagerman
National Wildlife Refuge, which has 338 species of birds, 36 species of mammals, 60 species of reptiles
and amphibians and 61 species of fish, according to the AARP report. At left, Lake Texoma near Denison.
10. Pueblo, Colo.
Population: 158,000
State tax on Social Security: Yes
State tax on pensions: Yes (with some exceptions)
The median home price is $102,600, the median mortgage payment is $392 and the median property tax is
$765. There are taxes on Social Security and pensions (with some exceptions). One of the best freebies
in Pueblo: The Pueblo Levee Mural Project, which spans three miles and is in the Guinness Book of World
Records for being the longest continuous painting, according to AARP.
More from MarketWatch:
10 worst money moves for the new year
Retired abroad? Your U.S. broker might dump you
6 must-read retirement books for 2014

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