Best Retirement Towns and Cities 25 Top Affordable Retirement Spots in the U.S. Interested in How to Earn Retirement Income?
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Low Living Costs in Lynchburg, Virginia Lynchburg, Virginia's cost-of-living is roughly 15% below the national average, and housing is nearly 32% below the national average, making this spot one of the least expensive, yet nicest cities to live in the United States. Many homes are single-story red brick, and the median home price is $145,000. This will purchase a newer, 2,210 sq. ft. home with 4 bedrooms, 2.5 baths and a 2-car garage in a nice middle to upper-middle income neighborhood. Bungalows in pleasant leafy neighborhoods can be found for less than $100,000. Stately, brick Federalist-style homes with 2 bedrooms, 3 baths and 3,010 sq. ft. are for sale in the low $300,000s. Real estate taxes are $1.11 per $100 of a home's assessed value; homes are assessed at 100%.
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