Retirement in Virginia

Why should you Retire in Virginia?

 

Charlottesville in Virginia has been generously voted in quite a few surveys as the best place to live in the country. As the age for retirement continues to shrink, young retirees prefer to relocate to college towns like Charlottesville, where the opportunities to remain in an active lifestyle are plenty. Virginia, in fact, is constituted of a host of such towns which are centers of cultural enrichment – a benefit that overrides high real estate prices in some. Added to this is the fact that Virginia has limitless stretches of beautiful countryside. It is no wonder that retirees are seeking out retirement homes in Virginia.

Another college town where you might want to look for retirement homes is Williamsburg. Steeped in history and enjoying a mild climate, it is a potential retirement location in Virginia as it features active adult communities and excellent golf courses. Small towns like Blacksburg and Radford in the picturesque Shenandoah Valley offer the charm of small town living as well a host of options for outdoor recreation. Lexington in the Shenandoah Valley contains all the ingredients for a quality lifestyle after retirement– a lively downtown area, charming golf courses and musical festivals.

Lynchburg, Roanoke, and Salem share the same reasons as the rest of towns and cities in Virginia for being great retirement locations in Virginia with a range of retirement homes and communities aimed at various types of lifestyles.

 

Virginia - at a Glance

 

Population Climate State Income Tax State Sales Tax Median Home Price
7,642,884 (2006 est.) Humid Subtropical Climate 5.75% 5% $390,000

 

Pros:Lot of water sports opportunities including: whitewater canoeing, boating, and fishing. Cycling, hiking, golfing, horse riding, and skiing are also practiced. There are plenty of cheap ethnic restaurants, Starbucks coffee shops, and high-end shopping options.

Cons:Thunderstorms occasionally occur. Traffic in Virginia is terrible.

 

What will your Expenses be in Virginia?

 

 

The above table shows the percentage fluctuations in expenditures incurred in Virginia, as compared to the nation's average, which is taken as 100%.

Presently if you are staying in Vermont or Rhode Island, then shifting to Virginia will be a good decision for retirees like you. The cost of living, including groceries, housing, transportation, utilities, healthcare and other goods, is comparatively lesser in Virginia than many other states in the US.