Daytona Beach, Florida
Daytona Beach is a must on any list of low-cost waterfront places for retirees. Retirees can purchase homes in the area at a favorable time because the housing market is in a state of decline, having dropped 3.4% in the past year. This value decline might be the result of a market correction or a reflection of transient market circumstances.
Living in the Florida city is made easy by Daytona Beach’s low cost of living. Additionally, just like in Cape Coral, there is no income tax, which further reduces expenses.
Dover, Delaware
In Dover, Delaware, waterfront real estate is fortunately not as pricey as it is elsewhere. A house with a mortgage will cost a median of about $1,360 a month for those who wish to live a relaxed beachside lifestyle in retirement. While the median rent is slightly over $800, the amount drops to about $393 per month for retirees with a paid-off home.
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