Editor’s Note: Data has been updated for 2020. Here are four things you need to know about retirement in Rhode Island. This cute and cozy town is filled with friendly people and has everything you need close by. Unfortunately you will be paying for this luxury. I considered East Greenwich in our search, and glad we settled on Barrington and East Bay life. Ask the Experts. It is a beachfront community on the south shore of the state. Hope this helped a bit and you will like it here. Providence is one of the most affordable urban areas in Rhode Island for retirees on a budget. The school system is awesome in Narragansett as well.Read 7 Reviews, Nearby Resident: Nice place tourists make it hard for us who live in the area. 2020 Places with the Lowest Cost of Living. The City of Newport is located approximately 37 miles southeast of Providence, 21 miles south of Fall River, and 74 miles south of Boston. One of our original New England mill village, was turned into a condo complex. The town is a safe environment to raise a family and live peacefully. In addition to its modern style, North Kingstown also is home to Wickford Village, a historic, beautiful, and quaint village. Lots to do day and night time and lots of great restaurants. The public schools are great but not much when in comparison to Portsmouth. More and more Baby Boomers are leaving the workforce. The beach is nice in Narragansett however they have recently raised the prices drastically which seems like an effort to deter tourists to make space for the in town residents however as I live over the border here in the neighboring town that also raised the price drastically for me. There is little crime here. This left us with 10 places from across the state. ... Rhode Island: 43.84: 51: 46: … The population was 15,780 at the 2010 census. Summer time can be crowded by families and vacationers; however, becomes quiet again come fall until June.Read 23 Reviews, Current Resident: I like that it's a small town where everyone knows everyone, and it's only a few minutes away from Seekonk where there are many big retail stores, for example Target. In the long run, Middletown RI is the place to raise a family and make life long friends. Growing up in Bristol has given me a great perspective on life. But where are the best places to retire in Rhode Island? The average cost of living in South Dakota is 4% below the national average, including healthcare costs. If you’ve been dreaming of retiring on a beach, you may want to trade in your surfboard and think about taking up horseback riding instead. There many beaches, ice cream shops, gift shops, antique shops and movie theatres. The population was 47,037 at the 2010 census, making it the fifth largest city in the state.eval(ez_write_tag([[580,400],'homesnacks_com-medrectangle-4','ezslot_6',108,'0','0'])); Population: 41,539Rank Last Year: 3 (No Change)Median Rent: $883Distance to Closest Airport: 35 milesMore on Woonsocket: Real Estate | Data | Photos. There you have it: the best places to retire in Rhode Island. The people are friendly and helpful. I just wish we had some more small businesses around us like Bristol does. Too often it's about who you know or how much money you have in order to be accepted or part of the team. Its not affordable for the average person to buy a home in this community anymore and the job market isn't great either. While it may not be as warm as other states in the top 10, Indiana still has a lot to offer retirees. Rhode Island is once again near the bottom of a national ranking, this time for those looking to retire. Compared to the rest of the country, Rhode Island's cost of living is 10.6% higher than the U.S. average. Including a 15% financial cushion, a comfortable retirement will cost an estimated total of $1.1 million in Rhode Island. You've finally finished the career grind and are looking to retire somewhere in the Ocean State. Ranking based on data from the U.S. Census, FBI, CDC, and other data sources. However, the audacity of some of the older folk is astounding. Kentucky, Wyoming, or Vermont are the best states to retire in if you want to avoid identity theft and fraud. My husband and I purchased a house in Portsmouth after arriving in Rhode Island. I considered East Greenwich in our search, and glad we settled on Barrington and East Bay life. Mount Hope is our fifteenth best place to live in Rhode Island. The schools here are wonderful and the place is scenic for the most part. I would love to see its dining establishments continue to grow and diversify. 7 reviews. We’re aware that these uncertain times are limiting many aspects of life as we all practice social and physical distancing. There is also lots of water around and it's a nice place to go for a walk and relax, and I feel safe living here! I just wish we had some more small businesses around us like Bristol does.Read 43 Reviews, Current Resident: Excellent place to live! Yikes, the; Pennsylvania – $135,000 inheritance tax. Housing: Retirees will likely find the cost of housing quite affordable. There are plenty of stores and markets. According to a study by WalletHub, Rhode Island is the third worst state in the United States to retire while Florida ranks as the number one best place to retire. Many are rude and entitled. ET It is one of 17 that has less than 30% of total pension liabilities funded. 11 Reasons You Don't Want to Retire in Florida The list is ordered alphabetically by state. However, income and housing prices is steady and not as overwhelming in comparison to neighboring towns. It is beautiful in the summer and a good distance away from the Newport summer tourist rush. Check out the complete list below for each city of at least 7,000 did in our rankings. The population is very diverse and is close with neighboring towns; Newport and Portsmouth. Lincoln has been a wonderful place to raise my children. Population: 81,079Rank Last Year: 7 (Down 1)Median Rent: $1,132Distance to Closest Airport: 50 milesMore on Warwick: Real Estate | Data | Photos. I have been a resident of Tiverton all my life and can safely say "I love where I live!" 1. It is a great place to live and visit! Rhode Island is a state made for the academically-inclined, those who enjoy sailing, small towns, and colonial architecture. Save my name, email, and website in this browser for the next time I comment. More on Migration Study The data from the migration research shows a … Housing is affordable in many cozy and quaint small towns, but average assisted living costs are high. Explore the best places to retire in the U.S. based on number of retirees, weather, and access to healthcare and entertainment. Lots to do day and night time and lots of great restaurants. I went to almost all the stores and all great quality stuff!Read 8 Reviews, Niche User: Small tourist town. I always feel safe. I would expect newer more modern schools with a lot of extracurricular activities. It’s also close enough for weekend trips to New York City or … You can find out more about him on LinkedIn or his website. The school system is awesome in Narragansett as well. Once you get past that, you will love it here!Read 58 Reviews, Current Resident: I love that Warwick is a quite safe environment in my community! It is very safe, the schools are great its very family friendly!Read 33 Reviews, Current Resident: Smithfield is a great place for people who enjoy small towns and getting close with their neighbors. We eliminated any location that had more than double the national crime risk, less than 85% of its state’s median household income or a lack of racial diversity. WalletHub recently released a list of the “Best States to Retire… For starters, it's one of the safest states in the country, so you won't have to spend your retirement worrying about crime. You may be curious how we arrived at these places as the best of the best for retirement in Rhode Island. Read more on how this ranking was calculated. Rhode Island … The schools, despite the ratings, leave a lot to be desired. It is known as a New England summer resort and is famous for its mansions. Why did Tiverton take the top spot? Beautiful beaches, great restaurants, friendly people for the most part. I currently live in Charleston SC and visit Newport occasionally. There are several things about Providence that make it an excellent place for retirees to live out their golden years. There is also a lot for children of all ages to do, with parks, playgrounds, and multiple areas for different sports to be played all around town.Read 27 Reviews, Current Resident: East Providence is an overall friendly neighborhood with the "small town" vibe. Providence is the capital and most populous city of the U.S. state of Rhode Island in the early 1900s it was the most visited place, founded in 1636 and one of the oldest cities in the United States. But move to this small state and you can expect to be looking at big price tags, because the cost of … I believe it has very dedicated educators, friendly neighborhoods, and provides a feeling of both pride and safeness. The beach is nice in Narragansett however they have recently raised the prices drastically which seems like an effort to deter tourists to make space for the in town residents however as I live over the border here in the neighboring town that also raised the price drastically for me. Here's where retirees fare best in Rhode Island. To create our list of the best places in Rhode Island to retire, we first used Census data to find all places in the Ocean State -- 34 cities and towns. The Ocean State has more than 100 beaches and all the seafood and nightlife you could want in your retirement. While it may not be as warm as other states in the top 10, Indiana still has a lot to offer retirees. It is also one of only four incorporated places in New England that have a higher population density than the city of Boston. There is a lack of diversity however, which takes a toll on the school system. It's absolutely beautiful, I love the beach and the fact I could walk right downtown from my Grandmothers. Every state has its own personality, but Rhode Island definitely lands among the quirkiest. … We analyzed over 10 places in Rhode Island to identify the ones that offer the most to retirees. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Number of physicians: 402. All rights reserved. I love living next to the beach. Population: 24,762Rank Last Year: 10 (No Change)Median Rent: $1,200Distance to Closest Airport: 63 milesMore on Newport: Real Estate | Data | Photos. What city got the gold medal for retirement? My favorite places were the beach, downtown and driving down Ocean Drive to see the mansions. And where are Providence and Cranston? It is, in my opinion, the best location to live in the State for convenience and raising a family. From this section, we’ll add OR, RI, MA, and PA to the worst states list. With the waterfall view behind our library, you are able to get a breath of fresh air along with walking the trails. That’s because the cost of living varies from state to state. Wyoming’s best feature was its low tax burden, ranking third in the nation, while health care was its worst, landing it in 32nd place. So just where are these great places for retirement in Rhode Island? The neighborhood is a great place for going on family walks. As for work, there is a lot of job opportunities for people to work in restaurants especially as summer jobs. "Not only does [Rhode Island] tax Social Security benefits, similar to the way the federal government taxes up to 85 percent of benefits, it also taxes virtually all other sources of retirement income, including pension income," according to a report by the finance website Kiplinger, which ranked Rhode Island as the worst state to retire in the U.S. from a tax perspective. Below are the ten best states for retirement. Required fields are marked *. There is little crime here. Small tourist town. Known for its very well school system and academic curriculum, a lot of our students have done so well with their academics. There are sports and after school programs available for the kids at all age levels. Some of the state's most famous cities, like Providence, Newport, and Pawtucket, are all great places for retirement, so you won't need to break out the map when you're explaining where you're retiring to your family.eval(ez_write_tag([[728,90],'homesnacks_com-box-3','ezslot_4',105,'0','0'])); We hope you like clam chowder and Del's Lemonade, because we're heading to the best places to retire in Rhode Island. It is, in my opinion, the best location to live in the State for convenience and raising a family. Most residence of East Providence have lived in this town their entire life. It is an affordable place to live despite being in Rhode Island, and is central, near other towns. This town has its pros and cons but so does every other. Retire in Rhode Island for a breathtaking coastline and unbeatable seafood. Best places to retire in Rhode Island include Newport. Population: 47,449Rank Last Year: 2 (No Change)Median Rent: $948Distance to Closest Airport: 42 milesMore on East Providence: Real Estate | Data | Photos. Population: 19,382Rank Last Year: 8 (Up 1)Median Rent: $837Distance to Closest Airport: 38 milesMore on Central Falls: Real Estate | Data | Photos. Heck, Taylor Swift and James Woods have good reason to call Old Rhody home. Taxes are very high for the quality of services you receive. Population: 71,756Rank Last Year: 4 (Down 1)Median Rent: $903Distance to Closest Airport: 38 milesMore on Pawtucket: Real Estate | Data | Photos. If you are thinking to spend your retirement fund in the smallest state in the US, take a look at the 10 best places to retire in Rhode Island. The states with the best healthcare are Massachusetts, Minnesota, and Rhode Island. As far as entertainment, there are several pub/bars around and hometown restaurants. Growing up in Bristol has given me a great perspective on life. School system are good just a little more improvement but not to bad. Active adults will find that Rhode Island offers many active adult communities, which cater to the needs of retirees. The schools here are wonderful and the place is scenic for the most part. Local economy is driven by Rhode Island is once again near the bottom of a national ranking, this time for those looking to retire. We have local swimming rocks, Basketball courts, Playgrounds, Baseball and Softball fields and a new volleyball court added to our town by one of our local neighbor. I was born and raised here and absolutely love Newport and this community. Our neighborhood is quiet and the families are all friendly. Summer time can be crowded by families and vacationers; however, becomes quiet again come fall until June. Then we parsed data from the Census, the FBI's Crime Report, National Weather Service, and OpenFlights, looking for the most affordable, safest, and sunniest cities with the most to do. 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Wallethub conducted an analysis that ranks the best and worst states for retirement, according to the data Tiverton... ; Kentucky: 41.89 ; best states to retire in Rhode Island in every state to., north Kingstown also is home to two of South County factors, the town filled! Time can be difficult without doing lots of great restaurants by families and vacationers ; however, takes! Environment to raise my children for retirement, though not necessarily through fault! North Kingstown is home to 5,767 people i hope to see its dining establishments continue to and... Of their own and this community sites, the best and the worst states list Greenwich our! Retire somewhere in the top 10, Indiana still has a higher than average retired,... My life and can safely say `` i love where i live! which to! Though it is a part of the population drops in the winter, many businesses are closed because population... 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