An Underrated College Town In Florida With Museums And Shops Is One Of The Best Places For Retirees

When you say the word "retirement" one state in America tends to come to mind above the other 49: Florida, which is one of the best states for retirees. Gorgeous beaches, incredible food, vibrant culture, and some fantastic weather outside of hurricane season. But where in Florida should retirees look to plant roots and set up their post-work years?

Cities like Miami and Orlando tend to take the crown for all the glitz and glamour that attracts tourists. For those seeking to have a more laid back, not to mention affordable, experience in retirement, look no further than Gainesville. It is home to the University of Florida and is one of the best college towns to live in due to its affordability. For retirees living on a fixed income, Gainesville is financially attractive because the cost of living for one resident averages out to $3,233 per month, according to GoBankingRates.

Reasons why Gainesville is perfect for retirees

Outside of it being known as the home of the Florida Gators, Gainesville tends to fly under the radar in terms of popularity, which only makes it more desirable for lots of retirees hoping to find some rest and relaxation. A major financial reason retirees flock to The Sunshine State because Florida does not tax Social Security like some other states do. In Gainesville, that fiscal incentive only gets more enticing because it is 32.2% less expensive than the national average across other American cities.

Retirees with at least $250,000 in savings could live in Florida comfortably for many years, depending on your benefits, employer retirement packages, and other investments. However, in Gainesville, one single person can stretch their budget and enjoy a quality life in retirement for about $38,800 per year. Because retirees live on a fixed income yet still need to make ends meet, Gainesville is the ideal location to enjoy post-work life without worrying too much about what it will cost to do so.

Gainesville is more than a college town

True, the University of Florida is probably what Gainesville is best known for. What is lesser known is that the town has some of the best museums, galleries, shopping, and dining opportunities for retirees to take advantage of. Visit Gainesville recommends checking out sites such as the A. Quinn Jones Museum, Santa Fe College of Art Galleries, and the 352walls art project.

Looking to experience some arts and culture for no cost? Gainesville retirees can attend the longest-running and largest free outdoor concert series in the area with the Free Fridays Concert Series at Bo Diddley Plaza. For those who are following the $1,000 retirement rule, but still love to shop, Gainesville features an assortment of boutiques, antique stores, and farmers markets that are able to fit any budget and lifestyle. If you are looking to retire in an affordable place while getting the most bang for your buck, Gainesville could be the hidden gem of Florida that's why more than just a college town.

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