Re: Good east coast retirement cities?
I live in New York and am considering retiring to Rhode Island, specifically the Narragansett Bay. I find the summer climate south of New Jersey to be unacceptably hot and humid.
Rhode lsland's economy has struggled during the recent recession but the household income is still slightly higher than the United States average. The median home in the Providence/New Bedford/Fall River Metro sold for $224,900 vs. the national median of $170,000 (NAR). Cost of living in the Providence Metro has a 109 index vs U.S. average of 100. The relatively high cost of living includes the 5th highest state and local tax burden in the country.
In addition to enjoying a temperate climate, the Narragansett Bay is a wonderful cruising ground with a strong racing scene excellent marine services, and interesting shoreside communities with stimulating cultural opportunities. Try a Jamestown or Warren, RI for a couple of days.