10 most affordable U.S. cities to retire

  • Pittsburgh


    Tax burden: Ranked No. 10; 10.2 percent of income goes to taxes*

    Cost of living: 8.5 percent below national average**

    Median home price: $119,600***

    Pittsburgh, once a dying steel town, has revitalized itself by investing in both education and medicine, which provide ample quality-of-life services for seniors. The city's respected colleges and universities offer a stimulating intellectual life, while its numerous hospital and health centers offer easily accessible health care.

    Though it's a hilly, urban city, retirees should have no problem getting around. Seniors can ride the city's public buses and trains for free every day. But as a northern city, Pittsburgh is certainly not immune to cold, snowy winters.

    * Source: The Tax Foundation. Tax burden measures the percentage a taxpayer's income that goes to state and local taxes. A higher number in the ranking corresponds to a lower tax burden.

    ** Source: U.S. Census Bureau

    *** Source: Zillow Home Value Index. All cities on the list have median home values that fall below the national median home value of $169,200.

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    Ilyce R. Glink is an award-winning, nationally-syndicated columnist, best-selling book author and founder of Best Money Moves, an employee benefit program that helps reduce financial stress. She also owns ThinkGlink.com, where readers can find real estate and personal finance resources.