An affordable, oceanside retirement is possible in Florida.

Florida, in general, is an affordable place to retire. There are no state income taxes, housing prices are still relatively affordable, and general cost-of-living incidentals such as gas, groceries, and recreation are economical. You certainly won’t have a high heating bill in the winter.

When you’re looking for a cost-effective retirement destination in Florida, these are the best 10 areas for you and your budget.

1. Ocala

Ocala ia full of affordable homes and outdoor recreation opportunities. (Image via

Active adults looking for lush forests, accessible golf, and gently sloping hillsides dotted with horse farms should consider the Ocala area. This Central Florida paradise offers low-cost living that’s also beautiful. Swim in some springs, take horseback riding lessons, and explore a lot of the local area in Ocala.

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Ocala 55+ Communities 

Plenty of 55+ communities in Ocala have homes starting at less than $100k. Try Palm Cay, CherrywoodSpruce Creek North, or the popular On Top of the World.

2. Lakeland

A growing Central Florida area that has maintained its affordability is Lakeland, which is right along the Interstate 4 corridor between Tampa and Orlando. Active adults have a lot of good reasons to live here, especially if economics are a priority. Lakeland is all about culture and art, with regular poetry readings, exhibits, and unique dining experiences in the quaint and historic downtown district.

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Lakeland 55+ Communities

Living in Lakeland can mean a 55+ community with low price tags and lots of amenities such as Cypress Lakes, Foxwood Lake Estates, and Sandpiper Golf & Country Club.

3. Jacksonville

Jacksonville has a milder climate than most of Florida.

As the largest geographical city in Florida, Jacksonville offers a lot of options for retirees who want sun, sand, and self-care on a budget. Some of the best hospitals in the state are in Jacksonville, and there’s professional football, a thriving riverfront full of shops and restaurants, and a plenty of public beaches that are great for surfing, boating, and sunning.

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Jacksonville 55+ Communities

Jacksonville and the surrounding areas have new and established 55+ communities to consider when you’re shopping for a retirement home. Try Freedom at Arbor Mill or Sweetwater.

4. Daytona Beach

Good news – you can retire to a beach city in Florida while staying on budget. Daytona Beach on Florida’s Atlantic Coast provides affordable housing, lots of coastal activities, and a front row seat for the famous Daytona 500 NASCAR race. It includes easy access to Interstate 95 and an international airport for frequent fliers.

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Daytona Beach 55+ Communities

Where would you like to live in Daytona Beach? Some great 55+ communities are looking for new residents, the most famous being Latitude Margaritaville, which has floor plans and options for many budgets. Other affordable Daytona Beach homes can be found close by at Halifax Plantation and Ormond Renaissance in Ormond Beach.

5. Gainesville

The University of Florida is one of the best public universities in Florida, and it’s found in Gainesville, one of the most affordable parts of Florida to retire. There’s a lot of nature in this area of Central Florida, and excellent small towns that are worth exploring. If you’re looking for a quiet and scenic place to spend your retirement, grab your UF Gators gear and settle into Gainesville.

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Gainesville 55+ Communities

With most of Gainesville’s downtown housing taken up by students, consider looking to the surrounding areas for affordable and comfortable housing. Trilogy at Ocala Preserve is about half an hour south of Gainesville off Interstate 75. Ocala Palms is also close, and homes in this 55+ community start in the low $100s.

Additional Affordable Florida Retirement Hotspots

The top five places for active adults to spend an affordable retirement offer endless benefits and attractions. The remaining areas on our Top 10 List are also well-known for their 55+ housing communities, affordable living, and high quality of life. They are:

6. Tampa

The Tampa Bay area, including St. Petersburg and Clearwater, where residents love living on the Gulf Coast. Professional sports, outlet shopping, and perfect sunsets are the high points.

7. Fort Myers and Cape Coral

The Fort Myers/Cape Coral area with beautiful beaches and spring training baseball. If you love seashells, this is the place to pick them out of the white sands.

8. Melbourne

Melbourne, which is close to Fort Lauderdale, West Palm Beach, and even Miami. Grab a cruise from the nearby port or enjoy one of the many public golf courses.

9. Orlando and Kissimmee

Orlando and Kissimmee which is about so much more than the theme parks. There’s also some excellent shopping, unique hiking trails, and a vintage amusement park in Old Town.

10. Punta Gorda

Punta Gorda is a quiet seaside enclave that offers luxury living at affordable prices. You’re close to Sarasota and several islands and keys. Fishing and boating are the most popular pastimes.