Surprisingly, Colorado isn’t well known as a hotspot for retirees, but those who know the state know it. There are many reasons to spend your golden years in the Centennial State. State pension / annuity subtraction keeps taxes on retirement income low. Its beautiful lakes and mountain trails can keep you active throughout your years. It also has a strong healthcare system and almost 15% of its population is over 65, so you will never feel lonely. Colorado’s overall cost of living is higher than in many states, but that’s because some expensive places raise the average.
Consider the following Colorado cities for a retirement that fits your budget:
1. Large crossroads
3. Colorado Springs
7. Parc d’Estes
Colorado National Monument and the Grand Mesa are two of the state’s most popular and spectacular sites. Grand Junction brings you closer to these iconic natural wonders and their recreational opportunities, including hiking trails, fishing lakes, and birding spots. Although its outdoor locations are spectacular, Grand Junction has a cosmopolitan heart. The city is home to the country’s largest outdoor sculpture gallery, traditional indoor art spaces, shops, and a wide range of restaurants. Incredibly, even with all of its accommodations, Grand Junction is still one of the cheapest places to live in Colorado.
Grand Junction’s convenient location along I-70 makes it one of Colorado’s best retirement towns for people who enjoy road trips.
If you love food and culture, Durango is one of the best places to retire in Colorado. It is home to around 90 restaurants and several local wineries and craft breweries. This district has 12 art galleries, several cinemas and independent shops, so there is always something to do. If you’d rather burn calories outdoors, hike the trails in nearby San Juan’s mountains or kayak the Animas River.
The Durango-La Plata Seniors Center is the heart of the community. You can also meet like-minded people at local clubs, including Senior Outdoors and Durango Line Dancers: a dance group exclusively for older people in the area.
Colorado Springs is Colorado’s second largest city, so it’s the perfect choice for retirees who enjoy the amenities of large cities close to home. Browse the art galleries of Colorado Avenue, play tourist in the downtown museums, and browse the shops and restaurants at Pikes Peak Center. The city has around 300 sunny days a year, so it’s easy to schedule time to explore Pikes Peak and Garden of the Gods.
Despite its size, Colorado Springs has a relatively affordable cost of living. You’ll find gated communities, low-maintenance downtown apartments, and larger homes in the friendly suburbs, all at a wide variety of prices here. There’s a reason it’s at the top of our list of the best places to live in Colorado.
Salida is another of the best cities to retire in Colorado. Locals love to wander the streets while marveling at the ancient architecture. The developers turned many of these turn-of-the-century buildings into independent antique shops and restaurants. One of Colorado’s greatest historic neighborhoods, downtown Salida is also Colorado’s premier creative district. There are around 20 art galleries and studios in the city center, each with its own distinct personality.
Salida sits on the banks of the Arkansas River, a popular spot for whitewater rafting. The river attracts summer tourists, but once they get home, the pace of the city slows down again.
With a cost of living below the national average, Greeley is one of the cheapest places to retire in Colorado. It’s more than affordable, however. Retirees enjoy a quality life, with performance venues, restaurants and beautiful parks close to their homes. The Northern Colorado Medical Center and several specialty health care clinics can meet all of your medical needs.
Greeley combines its own great amenities with a convenient location, with Boulder 45 minutes away and downtown Denver just an hour’s drive from the city. Regular travelers will also appreciate that Denver International Airport is less than an hour away.
Fort Collins is a college town, but it’s not just for young people. As the fourth largest city in the state, it offers quality facilities that also meet the needs of retired seniors. You’ll love visiting the charming shops and restaurants of the historic Old Town district and stopping to watch the world go by at Horsetooth Reservoir. The city has 143 miles of cycle paths, allowing many seniors to trade in their cars for two wheels. There are a handful of great places to live in Fort Collins if you are considering calling this place your home.
Larimer County is more than just a home to big cities. Here you will also find a great little town. Estes Park is one of Colorado’s best retirement communities for people who want to enjoy peace and quiet during their golden years. With only 6,300 inhabitants, the city promises the greatest privacy. About 40% of the people in Estes Park are seniors with a median age of 59, so it’s really designed for older Americans. Nearby Rocky Mountain National Park puts you close to hiking trails and fishing spots.
The Estes Park Seniors Center is full of activities, such as yoga classes, bridge, mahjong, and affordable lunches.
We’ve focused on the best places to retire in Colorado on a budget, but understand that some seniors don’t count their pennies. If you’ve got the cash to spend in your golden years, consider Vail. This well-known ski resort is one of Colorado’s best small towns to retire with thanks to its recreational opportunities and urban feel. The ski slopes are a lot of fun in the winter. And when the snow melts, you can continue to move around the local parks. Vail caters to tourists and to this end offers top-notch restaurants, cafes and bars.
If you’re ready to spend your golden years in Colorado, visit Zumper. We have the latest rental listings in some of Colorado’s most desirable retirement towns and villages. Visit our website or download the Zumper app to follow the state’s real estate market on the go.