9 Best Places to Retire on the East Coast

Retirees can choose from four seasons or year-round summer on the Atlantic Coast.

The East Coast of the U.S. offers a range of places to retire, from the north for those who enjoy the changing seasons to the mid-coastal states for milder weather and then south to Florida where the temperatures are warm year-round.

While each state has its own set of attractions, living near the ocean is a major allure for most who want to spend their golden years on the East Coast. Many retirees also enjoy the history of the towns and cities, some dating to the 1600s.

The cost of living varies with differences in home prices, utilities, and property, sales, and income taxes. Each state designs its own tax structure, including levies on income and inheritance — an important consideration for many retirees. Availability of health care, senior living facilities, activities, entertainment, and transportation also figure into the selection of a retirement destination.

With input from local experts and personal experience, here's a list of the best places to retire on the East Coast.

Port St. Lucie, Florida

“Port St. Lucie is proud to be the sixth-largest city in Florida, with nearly 250,000 residents calling our vibrant community home,” Port St. Lucie’s mayor, Shannon Martin, tells Travel + Leisure. “Nestled on the beautiful Treasure Coast, our city serves as the economic heartbeat of the region ... We're consistently ranked among the best places to live in the nation, celebrated for our ethnic diversity, high homeownership rates, and as a top retirement destination,” she adds, also touting the city's low crime rate. “For more than a decade, we’ve ranked as the safest large city in Florida and one of the safest in the nation.”

Located on Florida’s Atlantic coast, about 110 miles north of Miami, Port St. Lucie is home to more than 20 miles of pristine beaches, most with free admission and parking plus convenient amenities. With a free nature and wildlife digital pass, wildlife spotting, hiking trails, and botanical gardens are accessible. Museums, art galleries, workshops, and performances are among the cultural opportunities in the area. A number of senior living developments are available, too, and the average home value, according to Zillow, is $401,544.

Florida has no state income tax, so pensions, IRA and 401(k) income, and Social Security are not taxed, an advantage over most other states. There’s no inheritance or estate tax, and both property and sales taxes are comparable to the national average.

St. Simons, Georgia

The largest barrier island in Georgia’s Golden Isles, St. Simons is located on the coast, about 85 miles south of Savannah. “St. Simons Island is a wonderful place to raise a family and retire. We count ourselves blessed to live here,” says Jennifer Klonoski, community relations director at Magnolia Manor, a retirement community.

For Frances Woods, a retiree and Magnolia Manor resident, it's the “beautiful beaches, shops, activities, golf courses, wonderful restaurants, bike trails, great entertainment, and friendly people” that drew her to St. Simons Island. And according to Emilyn Clark, a seven-year Magnolia Manor resident, “Retirement on St. Simons Island is like living in a small neighborhood. All the residents are very friendly."

Niche ranks St. Simons as the second-best place to retire in Georgia. The retiree-friendly state does not tax Social Security. Other types of retirement income (interest, dividends, capital gains, royalties, pensions, and annuities) are taxable, but there’s a deduction of $65,000 per person for residents 65 and older (and a $35,000 per person deduction for those who are 62 to 64).

Georgia has no estate or inheritance taxes, and homeowners ages 62 and older may qualify for homestead exemptions on property taxes for their primary residence. Sales and property tax rates are considered moderate.

Myrtle Beach, South Carolina

“Myrtle Beach is more than just a vacation destination; it’s a vibrant place to live with 14 unique communities offering a quality of life that’s hard to beat. With 60 miles of beautiful coastline, a mild climate year-round, and a thriving local economy, it’s no wonder families choose to call Myrtle Beach home,” says Karen Riordan, Visit Myrtle Beach president and CEO.

Here, visitors and locals are treated to world-class golf, plenty of dining and entertainment options, and welcoming Southern hospitality. “Visitors are often so enchanted by Myrtle Beach’s charm that they decide to make this beautiful place their permanent residence,” Riordan adds.

Considered a retirement-friendly state, South Carolina does not tax Social Security. Other types of retirement income are taxable, with a $10,000 deduction, at a marginal state rate of three percent. Property taxes are some of the lowest in the country. South Carolina does not levy estate or inheritance taxes.

Niche notes a median home value of $287,900 in Myrtle Beach. From private homes to high-rise condos, the city offers a range of places to live at a variety of price points.

Carolina Beach, North Carolina

“The charm of this coastal community is among the many reasons retirees choose to relocate to Carolina Beach,” says Carolyn Glaser of Intracoastal Realty, who also calls out the destination's near-perfect weather, beautiful beaches, quaint marinas, oceanfront seafood restaurants, and 11-acre freshwater Carolina Beach Lake, which is ideal for fishing. “A nature lover's paradise, Carolina Beach State Park hosts the county's highest elevation hiking trail, as well as a marina and campsites.  Hundreds of resident and migrating bird species make Carolina Beach's Fort Fisher State Recreation Area their home, as do loggerhead turtles that nest on the island annually.”

In other words, you won't have to leave the island to find activities that cater to all interests. Visitors, especially the grandchildren, will find plenty to do, from the Carolina Beach Pier to the North Carolina Aquarium at Fort Fisher to the world-famous Britt's Donuts Shop.

“Low property and sales taxes, as well as a growing but affordable housing market, make Carolina Beach a desirable and prudent destination for retirees,” Glaser says. A relatively tax-friendly state for retirees, North Carolina exempts Social Security retirement benefits from income taxes. Other forms of retirement income are taxed at the North Carolina flat rate of 4.75 percent, and the state’s property and sales taxes are both moderate.

Virginia Beach, Virginia

"Virginia Beach offers retirees coastal tranquility and endless recreational options,” says Nancy Helman, director of Virginia Beach Convention and Visitors Bureau. "The destination’s beautiful beaches, state parks, and biking trails, coupled with its inclusive neighborhoods and thriving arts and culinary scene, set the stage for retirees to enjoy a truly fulfilling and enriching lifestyle."

Virginia Beach’s three-mile boardwalk features a separate bike path, restaurants, shops, and entertainment. There’s also the Sandler Center for the Performing Arts, a local theater, and art galleries.

While Social Security income is not taxed in Virginia, other types of retirement income, like pensions and IRA and 40l(k) withdrawals, are taxable with a deduction of $12,000 for seniors. Property and sales tax rates in Virginia are low, and most cities and towns offer property tax relief for retirees over the age of 65, with the amount based on income and property value.

According to BestPlaces, the cost of living in Virginia Beach is about five percent higher than the national average. As the site reads, “Homeowners can find various housing options, ranging from single-family homes to luxurious condominiums — while renters also have access to more attractive deals nowadays.”

Surf City, New Jersey

Located on Long Beach Island, Surf City is a town with year-round and summer-only residents. Marcus Pinto, a full-time resident, realtor, and principal with Compass, commented on the area’s sense of community and thriving art, culture, and restaurant scenes: “Surf City is a super-walkable town. You’re one block from the beach and one block from the bay. With residents living here year-round, there are more places to dine, shop, and things to do.”

Pinto predicts Long Beach Island could be the next Blue Zone. “I play pickleball with residents well into their 80s — they're healthy, active, and keeping up with much younger players.” Pinto also points out the island is accessible, just one mile from the New Jersey mainland.

According to Niche, the median home value in Surf City is $884,000. Social Security in New Jersey is not taxed, and state income taxes are low for any retirees with income from retirement accounts and pensions below $75,000 for single filers or $100,000 for joint filers. However, property taxes in New Jersey are some of the highest in the country.

Lewes, Delaware

Located where the Delaware Bay and Atlantic Ocean meet, Lewes is a scenic ferry ride from Cape May, the southernmost point of New Jersey. With a walkable downtown, a summer farmers market, restaurants, boutiques, and antique shops, Lewes is a welcoming community with a population just over 3,000 and a median home value of $676,000 according to HomeSnacks.

T+L spoke to Grace Hoinowski of home building company Schell Brothers, who mentioned Delaware’s tax advantages and overall low cost of living have been attracting new residents, including remote workers and retirees. “The area was once seasonal, but over the past 10 years, more visitors have become full-time residents. The growing neighborhoods mean more services, amenities, restaurants, medical specialists, and improved infrastructure,” Hoinowski notes. She also points out the area’s Native American history, walkable downtown, proximity to the beach, and vintage Victorian homes.

Delaware is a tax-friendly state for retirees. It's one of just four with no state or local sales tax, and it has some of the country’s lowest property tax rates. In addition, seniors over the age of 65 may qualify for some property tax relief, depending on their income and the value of their property. There’s no estate or inheritance tax, and Delaware does not tax Social Security benefits. Income from pensions, IRAs, and 401(k)s is partially taxed.

Stony Brook, New York

Located on the north shore of Long Island, along the Long Island Sound, Stony Brook is an appealing town for retirees. In Stony Book’s Village Center, the Long Island Music and Entertainment Hall of Fame celebrates Long Island’s music heritage, and the Stony Brook Grist Mill, dating to the 18th century, recognizes the area’s history. The Long Island Museum features art, history, and displays of early carriage transportation. Stony Brook University is part of the community, a benefit for retirees for health care and cultural opportunities.

Niche states the median home price in Stony Brook as $576,800. The Long Island Sound beaches are beautiful — and yes, stony rather than sandy. A two-hour ride on the Long Island Rail Road takes residents to Penn Station in Manhattan for the theater, restaurants, museums, and other entertainment. An hour’s drive east, the wineries of the North Fork welcome visitors for tastings, and farms provide fresh seasonal produce.

New York does not tax Social Security income, a plus for retirees in the otherwise high tax state. In addition, income from pensions and retirement, while taxable, is exempt for up to $20,000 a year. Property and sales taxes are high in New York, and the state levies a tax on estates.

Portsmouth, New Hampshire

Located on New Hampshire’s coast, Portsmouth offers a historic downtown, beaches, parks, museums, nightlife, and a scenic waterfront. The city, settled in the early 1600s, is listed as a “Distinctive Destination” by the National Trust for Historic Preservation, notable for its “stimulating mix of historic buildings, sidewalk cafes, great restaurants, art galleries, jazz clubs, and distinctive artisans’ boutiques.”

Niche calls the city one of the best places to live in New Hampshire, with a median home value of $594,000.

Local realtor Barbara Dunnington tells T+L that Portsmouth is a lovely city, popular with retirees who enjoy summer concerts, the theater, restaurants, and exploring the area’s history at Strawbery Banke Museum, with guided tours of historic homes.

According to Dunnington, “Portsmouth is a great place to live, but property in the area is expensive, and rents are high.” For retirees who find Portsmouth affordable, the city offers a vibrant, walkable downtown, a lively waterfront, and a variety of cultural opportunities.

While there's no state tax on personal income from salaries, Social Security, pensions, or retirement accounts, New Hampshire does have some of the highest property taxes in the U.S., according to SmartAsset. There's a five percent tax on interest and dividends greater than $2,400 ($4,800 for joint filers), but this is being phased out by January 2027, with declining rates until then. New Hampshire also has no sales, estate, or inheritance taxes.

For more Travel & Leisure news, make sure to sign up for our newsletter!

Read the original article on Travel & Leisure.