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This might lead you to explore lesser-known locations that still attract retirees.
However, dont assume these spots are budget-friendly just because theyre not as well known.
According to the U.S. Census Bureau, the annual median income for people 65 and older is $50,290.
Here are six Californiacities that could be out of reach for budget-conscious retirees.
The median home price is close to $700,000, which is 102% higher than the national average.
In comparison, the national median rent for a two-bedroom apartment is just over $1,400.
Healthcare costs in Oxnard are also about 7% higher than the national average.
Ventura, California
Another coastal spot retirees might set their sights on is Ventura aka San Buenaventura.
The citys historic downtown and cultural scene are appealing, but affordability is a challenge.
The cost of living in Ventura is 54% higher than the national average.
Homes come with a median price tag of around $800,000.
Renting a two-bedroom apartment averages about $2,500 per month.
Healthcare costs are higher, too, at about 7% above the national average.
However, the cost of living there is about 62% higher than the national average.
Additionally, the median home price is around $823,000, which is far from budget-friendly.
Renting is also expensive.
A two-bedroom apartment goes for about $2,500 per month.
However, healthcare is about 13% lower than the national average.
However, its not cheap to live there.
The cost of living is 52% higher than the national average.
However, the cost of living there is about 46% higher than the national average.
The median home price is $932,400, and rent for a two-bedroom apartment is $2,260.
Healthcare costs are also elevated about 9% above the national average.
Carlsbad, California
Carlsbad stands out for its recreational opportunities, including beaches and golf courses.
Retirees who enjoy the outdoors may consider this city, but living there doesnt come cheap.
The cost of living is about 55% above the national average.
Healthcare costs, however, are about 11% lower than the national average.
All cost of living, housing, rent, income and healthcare figures were sourced fromSperlings BestPlaces.
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