F
lorida remains the top retirement state, yet many of its most popular communities are overpriced and overhyped, real‑estate experts say. A 2024 Hire A Helper survey found that one‑fifth of retirees who changed states chose Florida, but the state isn’t the only sunny destination drawing retirees.
Agents point out that the most talked‑about spots—coastal towns in Florida and certain Arizona communities—often carry inflated prices that don’t match the actual value. “The hype around places like Naples, Scottsdale, and Palm Springs can be misleading,” says Evan Harlow of Maui Elite Property. He notes that retirees who expected “affordable living” sometimes discover high HOA fees, strained medical facilities, and infrastructure that can’t keep pace with growth. One couple in Arizona had to sell their home within two years because the HOA costs ate into their fixed income.
Jessica Robinson, co‑owner of Family Nest North Central Florida, echoes this sentiment. “Naples and Sarasota are gorgeous, but soaring home prices, rising insurance premiums—especially after hurricanes—and increasing HOA fees and taxes can quickly deplete a retirement budget,” she writes. Even traditionally affordable spots like The Villages and St. Augustine now face higher fees and taxes.
For those looking beyond the headlines, smaller cities and college towns offer a more balanced lifestyle. Harlow recommends places such as Greenville, South Carolina, or modest Midwestern markets that provide solid healthcare, lower living costs, and a slower pace. He advises retirees to treat the purchase like an investment: calculate property taxes, fees, healthcare access, and travel expenses. “The best retirement spot may not be the one featured in glossy magazines; it’s the place where your budget and lifestyle align,” he says.
In short, while Florida remains the top choice for retirees, many of its most popular communities are overpriced and overhyped. Exploring lesser‑known markets can provide a more affordable and sustainable retirement experience.
