AUGUSTA, GA - Augusta, Ga. has been named by U.S. News and World Report as one of the Best Places to Retire with a retirement income of less than $40,000 per year. Citing our low cost of living, affordable housing, proximity to major medical facilities, services for seniors, colleges, and cultural and outdoor activities, U.S. News and World Report ranked Augusta in the top ten nationwide.
"As our city continues to receive national recognition for our growing technology sector,” states Mayor Deke Copenhaver, “our community revitalization efforts and our wonderful quality of life, this latest recognition shows our strength in cost of living as well. When taken as a whole, this clearly paints Augusta as a city on the move."
Best places to retire for under $40K
A modest income needn't mean deprivation. These cities offer top-notch medical care, plenty of things to do and a low cost of living, according to the publication.
The host city of the Masters Golf Tournament is best known for its golf courses. This city on the Savannah River is also home to the Georgia Regents University (GRU), and a wide variety of art galleries and museums. Housing costs for residents age 60 and older are a median of just $626 for renters, $1,064 for homeowners with a mortgage and $353 for seniors who have paid off their homes.
Augusta Public Transit costs 60 cents per ride for people 65 and older, mentions the publication, just when the Augusta Commission voted 9-1 to give Mobility Transit Services LLC, the company that runs the city bus service, 90 days’ notice of its intent to terminate its contract.
“Clearly Mobility has not lived up to the standard that they need to as far as adequate transportation for Augusta-Richmond County,” Commissioner Alvin Mason said.
Augusta might be a retiree destination but seniors thinking to move to Augusta must have proper transportation or ways to pay for one, until the Augusta Public Transit improves services.