3 Convincing Reasons Arkansas Might Be the Best Place to Live for Retirees

Heading towards retirement age? You're probably thinking about which state is affordable enough to stretch your retirement income so you can live comfortably. Maybe you haven't considered it yet, but Arkansas is a wonderfully affordable state that offers a high quality of life and gorgeous natural attractions. Among the best places to retire in Arkansas are Little Rock, Hot Springs, and Eureka Springs. Here are three reasons why you should consider moving to Arkansas as a retiree:

1. Affordability and Cost of Living

The cost of living is a huge factor for retirees when deciding where to retire. Obviously, everyone wants more bang for their buck, and, as far as affordability goes, Arkansas's cost of living is below the national average. There's also no state tax on Social Security income. When choosing which Arkansas city or town to move to, it depends on what you can afford and the lifestyle you want to experience. There are three standout cities to consider, however: Little Rock, Hot Springs, and Eureka Springs. Here's why, according to FinanceBuzz:

• Little Rock, with a population of around 205,000, offers both affordable groceries and healthcare, and a cost of living of $50,000 annually.
• Eureka Springs, which is much smaller than Little Rock, home to a population of nearly 2,200, has a cost of living that's 23.7% lower than the national average. To purchase a home, the median price is $345,000, while rent is more affordable at $958 per month.
• Hot Springs, with a median home price of $240,694 and an average rent of $1,345, is an affordable city. The population is around 38,000.

2. Weather, Climate, and Natural Beauty

As a southern state, Arkansas experiences hot, humid summers and mild winters; the climate is considered sub-tropical. A fair amount of precipitation should be expected, with an average rainfall of 40-60 inches. Weather patterns here are greatly influenced by the Gulf of Mexico to the south.

Because Arkansas is considered a warm-weather destination, spending time outdoors year-round is imperative—it's known as "The Natural State," after all! The state has 52 state parks offering an array of outdoor activities; among the most popular Arkansas state parks are Petit Jean in Morrilton, Lake Catherine in Hot Springs, and Lake Ouachita in Mountain Pine. Additionally, the city of Hot Springs is home to Hot Springs National Park, which offers incredible mountain views and hot springs for soaking.

3. Quality of Life in Arkansas

Quality of life is another obvious factor when deciding where to retire. If you prefer a walkable downtown area with restaurants, shops, cafes, museums, historic sites, and galleries, you can't go wrong with Eureka Springs. Plus, there are several natural springs, including Blue Springs, Basin Springs, and Grotto Spring, in and around the city, which are ideal spots for a dip or a nature escape. Located in the Ouachita Mountains, Hot Springs is home to Hot Springs National Park and the city's famous row of historic bathhouses built in the 19th and 20th centuries. For self-care and water therapy, residents and visitors alike can soak in the hot springs. If you prefer a more urban environment, Little Rock offers everything from history, shopping, dining, and museums to high-quality health care. If you had to choose between these three Arkansas cities, which one would suit your needs and lifestyle best?

Reasons to live in Arkansas

If you're ready for affordable living, a slower pace of life, and a state teeming with natural beauty, consider retiring in the lovely southern state of Arkansas. You should also check out some of the most exciting things to do in Arkansas when you retire here. From eating at one of the state's best catfish restaurants to strolling through Garvan Woodland Gardens and more, this list offers a wonderful mix of active and relaxing options.

Feeling inspired? Try planning your own trip using Only In Your State’s itinerary planner.