On paper, Plano, Texas, appears to be a great place to retire, especially for those looking to stretch their retirement savings as far as possible. The city and state tax laws are highly favorable to retirees, and cost-of-living expenses are low compared to many other places.
Just so, how do I find the best retirement community?
What to Look for in a Retirement Community
- Recreation. A good recreation schedule is essential for any successful retirement community. …
- Medical Care. When it comes to choosing a retirement community, you’ll want to have a good understanding of the medical care that is available to you. …
- Lifestyle. …
- Maintenance. …
- Weather. …
- Budget.
Thereof, is Plano TX a safe place to live?
Based on FBI crime data, Plano is not one of the safest communities in America. Relative to Texas, Plano has a crime rate that is higher than 66% of the state’s cities and towns of all sizes. … This means Plano is one of the safest places in America in which to live for its size, a very important finding.
Is Plano TX expensive?
Plano’s housing expenses are 21% higher than the national average and the utility prices are 2% lower than the national average. Transportation expenses like bus fares and gas prices are 4% higher than the national average. Plano has grocery prices that are 0% lower than the national average.
What is the cost of living in Plano Texas?
Plano cost of living is 109.3
| COST OF LIVING | Plano | Texas |
|---|---|---|
| Health | 96.4 | 95.4 |
| Housing | 143.6 | 84.3 |
| Median Home Cost | $331,900 | $195,000 |
| Utilities | 100.4 | 99.2 |
Where should I retire in Texas?
The best places to retire in Texas include:
- Dallas-Fort Worth.
- Houston.
- San Antonio.
- Austin.
- El Paso.
- Corpus Christi.
- McAllen.
What is the best retirement community in USA?
Florida’s The Villages® easily took the top spot overall, with a perfect amenities score and a very high community details score. This comes as no surprise to us here at Coventry, as The Villages® is home to tens of thousands of retirement-aged people, making it the nation’s largest retirement community.
Why are senior living communities so expensive?
The staffing ratios for these facilities are usually much higher, and these places can often times care for more advanced conditions, or more complex health issues. The environment might be more like a vacation resort than a senior care business.
Are retirement homes a good investment?
Buying a retirement flat could be seen as an investment into your happiness and lifestyle, rather than as a ‘money-making’ investment. Retirement flats allow independent living whilst also taking away the stress of needing help and not being able to get it, as help is always on hand.
How much does it cost to live in a retirement community in Florida?
Independent Living Communities
| State | Monthly Average | Monthly Maximum |
|---|---|---|
| Connecticut | $3,490 | $5,200 |
| Delaware | $2,864 | $4,300 |
| Florida | $2,545 | $4,700 |
| Georgia | $2,463 | $3,995 |
Is Plano TX boring?
A real estate blog has ranked Irving, Plano and two other Texas cities in a list of the Top 10 most boring cities in America. … The lowest-scoring cities made the list, and, sadly, Texas has four of the most boring cities in the country.
Why is Plano Texas famous?
Plano has transformed into a city known across the country for our smart people, amazing quality of life, and strong job market. … As the ninth largest city in Texas and the fourth largest in the Dallas Fort Worth region, Plano is positioned to serve the growing needs of its residents and businesses.
What is the best area to live in Plano Texas?
Best Neighborhoods in Plano Texas
- Willow Bend. Willow Bend neighborhood would be number one if we were naming the absolute best neighborhood in Plano. …
- Whiffletree. Whiffletree neighborhood is stunning. …
- Normandy Estates. …
- Lakeside on Preston. …
- Indian Creek. …
- Gleneagles. …
- Forest Creek Estates. …
- El Ranchero Country Estates.