If you’re planning to retire in North Carolina and live on a budget of $3,000 or less per month, there’s good news! Several cities in the state offer an affordable and comfortable lifestyle for retirees.
A recent study analyzed the cost of living in various North Carolina cities to determine where seniors aged 65 and older can maintain a good quality of life while keeping their expenses low. This research considered factors like rent, grocery costs, healthcare, and utilities, making it easier for retirees to choose the best city for their budget.
How the Cities Were Chosen
The study used data from Zillow’s January 2025 rent prices and Bureau of Labor Statistics’ Consumer Expenditure Survey (2023) to estimate monthly costs. The list only includes cities with:
- A monthly rent of $2,000 or less
- A livability score of 70 or higher
- One of the 1,500 largest housing markets in North Carolina
Here are the 10 best cities in North Carolina for retirees who want to enjoy their golden years without financial stress.
10. Sanford
Average Monthly Expenses: $2,980.58
- Rent: $1,545
- Grocery Cost: $394.11
- Healthcare: $679.62
- Utilities: $361.43
- Livability Score: 71
Sanford is a great choice for retirees looking for small-town charm and a relatively low cost of living. With a balanced mix of healthcare facilities, outdoor activities, and a friendly community, this city offers a peaceful retirement life.
9. Hickory
Average Monthly Expenses: $2,974.63
- Rent: $1,379
- Grocery Cost: $396.18
- Healthcare: $851.53
- Utilities: $348.15
- Livability Score: 70
Hickory, located in western North Carolina, is known for its affordable housing and strong community feel. With lower rent and a manageable cost of living, it’s an ideal spot for retirees who want a balance of city and nature.
8. Fayetteville
Average Monthly Expenses: $2,920.65
- Rent: $1,410
- Grocery Cost: $389.55
- Healthcare: $767.92
- Utilities: $353.17
- Livability Score: 73
Fayetteville is a military-friendly city with good healthcare options and a strong sense of community. The city has a mix of urban and suburban areas, making it easy for retirees to find a lifestyle that suits them.
7. Greensboro
Average Monthly Expenses: $2,812.96
- Rent: $1,450
- Grocery Cost: $397.01
- Healthcare: $622.76
- Utilities: $342.77
- Livability Score: 83
Greensboro is one of the most livable cities in North Carolina, with a high livability score of 83. It offers low healthcare costs, a rich cultural scene, and many parks, making it perfect for active retirees.
6. Jacksonville
Average Monthly Expenses: $2,804.58
- Rent: $1,253
- Grocery Cost: $395.77
- Healthcare: $804.71
- Utilities: $350.66
- Livability Score: 72
Jacksonville is a coastal city known for its affordability and access to beautiful beaches. If you love mild weather and being close to the ocean, this is a great place to retire.
5. High Point
Average Monthly Expenses: $2,790.52
- Rent: $1,422
- Grocery Cost: $391.62
- Healthcare: $622.76
- Utilities: $354.25
- Livability Score: 76
High Point is known for its affordable cost of living and vibrant community. The city also has a rich history in furniture making, offering unique shopping experiences for retirees.
4. Rocky Mount
Average Monthly Expenses: $2,755.08
- Rent: $1,296
- Grocery Cost: $387.07
- Healthcare: $704.37
- Utilities: $367.53
- Livability Score: 71
Rocky Mount is one of the most budget-friendly cities on the list. It has a slower pace of life, perfect for those who want a peaceful and stress-free retirement.
3. Burlington
Average Monthly Expenses: $2,742.22
- Rent: $1,320
- Grocery Cost: $393.70
- Healthcare: $670.25
- Utilities: $358.56
- Livability Score: 71
Burlington offers a great mix of affordability and modern amenities. With plenty of parks and a lively community, retirees can enjoy a relaxed yet engaging lifestyle.
2. Thomasville
Average Monthly Expenses: $2,667.55
- Rent: $1,267
- Grocery Cost: $391.21
- Healthcare: $663.57
- Utilities: $346
- Livability Score: 79
Thomasville is a hidden gem with a welcoming atmosphere and low living costs. It’s a great place for those who want to enjoy retirement without stretching their budget.
1. Asheboro
Average Monthly Expenses: $2,340.53
- Rent: $959
- Grocery Cost: $388.72
- Healthcare: $634.80
- Utilities: $357.84
- Livability Score: 72
Asheboro takes the top spot as the most affordable city for retirees in North Carolina. With low rent prices and moderate living costs, it’s an ideal place for those who want to maximize their retirement savings.
Final Thoughts
North Carolina offers many affordable cities for retirees who want to live comfortably on a budget. Whether you prefer a beachside retreat, a small-town feel, or a vibrant city life, this list provides great options to suit different lifestyles.
If you’re looking for an affordable retirement destination, consider these cities where you can live well without financial worries.
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