Royal Blue Ridge Mountains and Atlantic Ocean beaches attract many retirees to North Carolina. You can spend your retirement years taking classes at a major research university, immersing yourself in the performing arts or vesting for your favorite professional sports team. Affordable cost of living and Low housing prices Relocating to North Carolina can help improve your retirement finances. Many of North Carolina’s most beautiful attractions, including Great Smoky Mountains National Park and Cape Hatteras National Seahore, cost nothing.
Consider these retirement communities in North Carolina:
- Raleigh and Durham.
Mean monthly mortgage cost: $ 1,286
Median monthly rent: $ 874
Ashville Blue Ridge is a beautiful mountain town in the mountains. The city is an ideal base to explore the Great Smoky Mountains National Park and the Blue Ridge Parkway. Asheville is notable for its innovative food and beverage scene that uses locally flavored ingredients in creative ways.
The region often attracts artists, writers and musicians who are inspired by natural beauty and interact with other creative people. “Ashville is a thriving city with a dynamic cultural life,” says Nortin Hadler, an emeritus professor of medicine and microbiology / immunology. University of North Carolina – Chapel Hill And author of “Rethinking Aging”. “For retirees looking for life in the breathtakingly beautiful mountains, Asheville is no longer a secret.”
Mean monthly mortgage cost: $ 1,369
Median monthly rent: $ 986
The largest city in North Carolina is among the fastest growing parts of the United States, and between 2018 and 2019, 13,194 people were added. “The growth is happening because of the availability of jobs and the quality of life that you are getting here”, retired director of UNC Charlotte Urban Institute. Chalat Banking is a hub for the industry and home to the corporate headquarters of Bank of America. “Retirees often come here to live with family,” McCoy says. “Their children move here, grandparents come along and then the parents come. The parents take their children there.”
The cost of living is cheap, and the median house costs just $ 185,000. Those interested in volunteer work can contribute to many of the city’s museums and performing arts sites. Professional sports fans will find a lot of love about Charlett, including the Hornets, Panthers and Checkers.
3. Raleigh and Durham
Mean monthly mortgage cost: $ 1,532
Median monthly rent: $ 1,066
Research Triangle is named for three research universities. Raleigh and Durham Area: Duke University, North Carolina State University And University of North Carolina – Chapel Hill. Universities have formed an educated workforce and often partner with industry to promote innovations. “The result is a concentration of highly educated and productive individuals, for whom a world-class cultural mecca has come into existence,” Hadler says. “Retirement communities take advantage of educational opportunities in retirement and have access to a respected center for the performing arts.”
North Carolina residents 65 and older are eligible to take an audition course tuition-free at NC State University. Duke University also has a continuing care retirement community near campus. Universities also provide health care services to the community Duke University Hospital And this University of North Carolina Hospitals.
Mean monthly mortgage cost: $ 1,156
Median monthly rent: $ 752
The rich soil and mild climate of the Yadkin Valley make it an ideal place for growing grapes for wine. Retired people can wander and roam the beautiful vineyards and take a walk of the latest vintage with friends. Kim Myers, owner of Kim Myers, says, “Our weather is wonderful, because we have a season change in the autumn with beautiful weather, just enough winter with a snow we are excited about and our snow days. take pleasure.” Of Laurel Gray Vineyards and Yadkin Valley Wine Company in Hamptonville. “The lifestyle in the Yadkin Valley is still rural and slow-paced but studded with small towns and beautiful vineyards.”
Once a center for the tobacco industry, Winston salem The economy is now more diversified and includes the headquarters of BB & T Corporation, Hanes Brands and Krispy Kreme Donuts. Nevertheless it is still cheaper to live in this wine producing area. The median house costs only $ 153,200.
Mean monthly mortgage cost: $ 1,187
Median monthly rent: $ 809
Greensboro Charlotte is a much more affordable part of North Carolina than Raleigh and Durham, but also provides convenient access to these large metro areas. The median house costs only $ 147,000.
Matt Johnson says, “Retreats are attracted to Greensboro because of its centralized location and because it is a small city. It has many of the great amenities and diversity of a large city, but without the crowds and costs”. Certified Financial Planner on Defining Legacy Financial Advisors in Greensboro. “Living costs in North Carolina in general are lower than the national average, and even compared to other major metro areas in the state, Greensboro is an affordable place to be.”