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WoodsMon, November 3, 2025 at 1:41 PM GMT+1 23 min readAs housing prices and cost of living continue to escalate, retirement stability for the middle class appears to have decreased. Before you begin to worry that your golden years could be unaffordable or strained, take note: GOBankingRates has compiled the 50 best and most affordable retirement cities for the middle class.Read More: GOBankingRates Original Research CenterFind Out: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, TooTo find these cities, GOBankingRates selected locations with populations above 15,000 (with at least 25% of people over age 65) with average home values under $500,000. Scouring those cities, GOBankingRates also calculated the cost of living in each and balanced that against the average annual Social Security benefits and other retirement income.From that process, GOBankingRates found and ranked 50 American cities that provide middle-class retirees with financial comfort, safety and bright golden years.Eleganza / Getty ImagesFlorida is America’s retirement hot spot: Of the top 50 best retirement cities for the middle class, 26 of them are in The Sunshine State — far more than any other state in the union.Arizona is a distant second place: With six cities in the top 50, Arizona is in the very distant No. 2 spot after Florida for the most cities on the list, with only six towns making an appearance. Both states are marked my (mostly) year-round warm weather, perfect for seniors.Sun City West, Arizona, is a retirement-age haven: An overwhelming majority of Sun City West’s population (85.8%) is comprised of seniors aged 65 or older.Florida boasts the highest (and lowest) retirement incomes: Florida’s Venice boasts the highest average retirement income ($81,001) of any city in the top 50. That’s nearly twice the amount of the next-highest city ($47,355 in The Villages, Florida). Conversely, New Port Richey’s average retirement income is the lowest of the 50, at $17,859.Illinois has the priciest city listed: The cost of living in Huntley is $48,184, the highest in the top 50. Compare that to the lowest: $29,333 in yearly expenses to live in Albert Lea, Minnesota.Jacob Boomsma / Getty Images% of population 65+: 25%Annual cost of living: $29,333Average annual Social Security benefits: $22,340Average annual retirement income: $21,077Average annual mortgage: $10,266Livability: 71Albert Lea is ranked as the best retirement town for the middle class in America, with 42% of the households receiving Social Security benefits and 27% of households receiving retirement income. 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