West Palm Beach, Fla.
Home Value Index: $229,100
In addition to its namesake beaches, West Palm Beach is home to four retail and entertainment districts, an outlet mall, a museum, a zoo and a performing arts center, so there’s plenty to keep you busy during your beach retirement. Sixteen percent of the area’s population is 65 and older, and the cost of living in the luxurious beach town is significantly cheaper than living in New York City, a GOBankingRates study found.