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Top 10 cities for frugal retirees

By Ollie Geiger

For MoneyRates.com

Published: Friday, Sept. 20 2013 4:35 p.m. MDT

For some, frugality isn’t a lark. It’s a lifestyle.

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Editor's note: this list originally appeard on MoneyRates.com. It has been reprinted here with permission.

For some, frugality isn’t a lark. It’s a lifestyle.

If you’re one of these people, you may approach retirement a little differently than the rest. Instead of retiring to a place marked by lush beaches or a sparkling nightlife, you may instead choose a city that allows you to stretch your savings as far as possible -- and maybe even leave something extra to a spendthrift heir or two.

These rankings emerged by taking the U.S. metropolitan areas with the lowest costs of living (according to 2012 data from C2ER) and removing the cities that also appear on NeighborhoodScout’s list of the 100 Most Dangerous Cities in America. After all, even frugal retirees may be willing to spend a little extra to avoid those places. (Sorry, Memphis, Tenn., and Springfield, Ill.)

This cost of living data doesn’t reflect every expense retirees may face, so data on property, sales and state income taxes from Tax-Rates.org are also listed. And while home prices are included in the cost of living data, the area’s median home prices from NeighborhoodScout appear for additional clarity.

Find out the 10 best cities for a frugal retirement here.

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