Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

7 Charming Places Where Retirees Can Live on a Tight Budget

June 6, 2023 · Budgeting
Charming Place
Photo by Rob Hainer at Shutterstock

Huntsville, Alabama

  • Cost of living for seniors: 6.1% below the national average
  • State’s tax rating for retirees: Tax Friendly

The Heart of Dixie boasts many wonderful areas for affordable living in your golden years. But Huntsville, in the northern part of the state, is one of our favorites. It offers all the low-tax and low-cost advantages of the rest of the state.

But it includes more generous incomes among retirement-age citizens. According to the US Census Bureau, the median household income for 65-plus families in Alabama is $46,318.

Home to the Redstone Arsenal, NASA’s Marshall Space Flight Center, and the Huntsville campus of the University of Alabama, this charming place offers a strong economy and highly educated residents.

Plenty of cultural attractions await retirees as well, from a sculpture trail to a symphony orchestra and outdoor recreation opportunities, including bass fishing.

Overall, the state of Alabama offers many of Florida’s popular retirement attractions, like lovely beaches, warm weather, and plenty of golfing opportunities, but at a typically lower price.

Pages: 1 2 3 4 5 6 7 8

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A person thoughtfully choosing a card from their wallet at a checkout counter. 5 Places to Avoid Using Your Debit Card and 3 Safe Spots
  • A mature couple looking at a tablet together on a sunny patio, appearing confident about their financial future. Married or Divorced? Don't Miss This Social Security Tip That Could Increase Your Checks
  • A confident woman working on her taxes at a bright, organized home office desk. IRS Alert: 6 Mistakes That Could Inflate Your Tax Bill
  • A woman looks thoughtfully at a tablet in a modern kitchen, representing financial planning for rising costs. Unfortunately, We'll Pay More for These 6 Things in 2026
  • A woman smiling at her phone in a bright living room with a delivery package on the table. The Best Amazon Prime Perks You Should Be Using in 2026
  • A woman smiling at her phone in a bright kitchen, representing the relief of receiving a tax refund. When Will Your 2026 Tax Refund Arrive? IRS Timeline Explained
  • A shopper looking at a grocery checkout screen with the New York City skyline in the background. 10 US Cities Where Grocery Prices Are Highest in 2026
  • A person reviewing tax documents on a laptop in a bright, modern home office. Tax Season Warning: How IRS Budget Cuts May Affect Your Refund
  • Editorial illustration of a gold gavel striking tax forms on a navy background. Trump's $10B IRS Lawsuit Could Upend the 2026 Tax Filing Season
  • IRS refund Tax Refund Alert: Americans May See a $1,000 Increase in 2026

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

Labor Day costco

8 Awesome Budget-Friendly Ways to Celebrate Labor Day

Even if this summer has flown by, Labor Day is just around the corner, and…

Read More →
thanksgiving

9 Best Tips to Spend Thanksgiving on a Budget

5. Make it homemade A couple of years ago, I used to order some food…

Read More →
cash back credit card

6 Costly Habits You Need to Quit Right Now!

5. No budget Even if things are going well and you don’t need to account…

Read More →
retirement

Got Retirement Savings? Here’s How to Manage Them Right

Let’s be honest: managing money was never easy, especially during the work years. But when…

Read More →
save more money wealth buffett

Anybody Can Save More Money With These 7 New Habits

It’s a fact: spending comes naturally to many of us. Saving, on the other hand,…

Read More →
discounts

Senior Discounts? Check These 13 Grocery Stores

A smiling senior shopper presents her loyalty card at the grocery checkout to unlock exclusive…

Read More →
kitchen renovation tip

Kitchen Renovation Tips: 6 Ways to Save Money

Refresh your kitchen with sage green paint while keeping your renovation budget and savings fund…

Read More →
coupons

Need More Walmart Coupons? These Great 16 Hacks Will Help You Out!

Whether you like it or not, let’s be honest: Walmart has some of the best…

Read More →
items

7 Items You’re Better Off Getting Second-Hand

Weathered hands cradle a well-worn book, showing how some treasures become even more meaningful the…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.