5. Denver, Colorado
One of the most expensive US cities is Denver. Although many people come here for holidays, it’s largely because it’s a beautiful location where those who appreciate the seaside and mountains will have a fantastic time.
However, you might want to reevaluate the notion if you want to spend your retirement years here. Since the choice is ultimately yours, we don’t mention this to put you off, but the median list price in the Mile High City is $624,233.38, plus an additional $85,533.98 in typical yearly expenses.
6. Honolulu, Hawaii
Since the arguments for that should be evident, many individuals wish to retire to Hawaii. Visit Hawaii if you haven’t already, and you should be able to figure it out. The only problem, of course, is that this island paradise also comes with some really absurd costs. The typical listing price of a property is above $1.3 million, while the average yearly expense for seniors is over $88,066.15 per year.
According to experts, by the end of 2025, this is going to be one of the most expensive US cities.
If you’re curious to see the other side of the coin check out this article about the 12 Cheapest US States to Live in.
