Third, the art scene in Providence is guaranteed to keep you smiling. Newport has beautiful beaches, tons of history, gilded age mansions, sailing, great seafood and restaurants, shopping and the list goes on. 1. Providence is the state capital, and is also the largest city in the state. Whatever the reason for hanging it up, retirees in Rhode Island ought to consider heading to Bristol County, where nearly one in … Rhode Island: 43.49; New Mexico: 43.33; Kentucky: 41.89; Best States To Retire: Bankrate’s Ranking. The population was 71,148 at the 2010 census. Summer time can be crowded by families and vacationers; however, becomes quiet again come fall until June. ET 6. With a population of 80,529 at the 2010 census, it is the third largest city in the state. Healthcare services and jobs are in town or an easy commute to Warwick, Providence, or South County. The public schools are great but not much when in comparison to Portsmouth. Article continues below. I have been a resident of Tiverton all my life and can safely say "I love where I live!" ET Rhode Island is a great state for those looking to retire in the New England area. © 2015-2020 Chasing Chains, LLC. South Kingstown is a very welcoming community. The states with the best healthcare are Massachusetts, Minnesota, and Rhode Island. Active adults will find that Rhode Island offers many active adult communities, which cater to the needs of retirees. And the beaches of Rhode Island cater to everyone; from the more family-oriented Easton's Beach in Newport to the more exciting Misquamicut State Beach in Westerly, complete with all … Too often it's about who you know or how much money you have in order to be accepted or part of the team. The location is excellent though, easy commute north or south of Providence, waterfront in town, cute Main Street and shops, airport and train station (Boston) is 10-12 minutes away. Pawtucket is a city in Providence County, Rhode Island, United States. But move to this small state and you can expect to be looking at big price tags, because the cost of … But move to this small state and you can expect to be looking at big price tags, because the cost of living is a … It is a beachfront community on the south shore of the state. 2020 Places with the Lowest Cost of Living. Unfortunately you will be paying for this luxury. We’re aware that these uncertain times are limiting many aspects of life as we all practice social and physical distancing. Its not affordable for the average person to buy a home in this community anymore and the job market isn't great either. There you have it: the best places to retire in Rhode Island. I used to go to Narragansett beach all of my childhood but with the raised price it just does not make sense to go anymoreRead 28 Reviews, Current Resident: North Kingstown is a cute little town located in a great spot in Rhode Island! Median Home Cost: $157,800 Medicare Advantage Monthly Cost: $41.98 Cost Of Living: $47,975. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. The Cornhusker State is the best state to retire, according to a new Bankrate study, followed by Iowa, Missouri, South Dakota and Florida. The schools seem to be getting condensed. All rights reserved. Taxes are very high for the quality of services you receive. I has the most festivities especially around the 4th of July. Calculated based on crime rates for murder, assault, rape, burglary, and other crime statistics, as well as reviews from residents. Even the library has activites for families. Unfortunately you will be paying for this luxury. We aim to deliver bite-sized pieces of infotainment about where you live. Rhode Island is a state made for the academically-inclined, those who enjoy sailing, small towns, and colonial architecture. This list will name the best places to retire in Rhode Island. This is a predominately white affluent suburb of Providence with mostly highly educated younger, family oriented adults (generally speaking). Residents are known for being down-to-earth and friendly. 11 Reasons You Don't Want to Retire in Florida The list is ordered alphabetically by state. Louisiana. State and local taxes. You can download the data here. In Rhode Island, it cost nearly $41,000 a year to live in retirement. The place, in this case Tiverton, with the lowest average rank was crowned the best of the best, a place for you to start your second careers. To create our list of the best places in Rhode Island to retire, we first used Census data to find all places in the Ocean State -- 34 cities and towns. This cute and cozy town is filled with friendly people and has everything you need close by. Even the library has activites for families. The relatively tiny Ocean State offers more than 100 public beaches, delicious seafood and loads of history to keep you engaged in your retirement. Additionally, we are located close enough to Newport and Boston to make easy trips but far enough away to not be impaced by the night life! One big factor that will land you on the least friendly list is how the state treats Social Security benefits and other retirement income, Mengle … The sense of community is very strong. Ranking based on data from the U.S. Census, CDC, and other data sources. Your email address will not be published. Population: 81,196Rank Last Year: 6 (No Change)Median Rent: $1,021Distance to Closest Airport: 47 milesMore on Cranston: Real Estate | Data | Photos. Best places to retire in Rhode Island include Newport. A great amount of greenery and places like Garden City and Chapel Hill are a definite must visit! In the long run, Middletown RI is the place to raise a family and make life long friends. The beach is nice in Narragansett however they have recently raised the prices drastically which seems like an effort to deter tourists to make space for the in town residents however as I live over the border here in the neighboring town that also raised the price drastically for me. Fun fact: 100% of the cities on this also make up our list of best cities for families in Rhode Island. Rhode Island is a high tax state and not in the best fiscal shape. The location is excellent though, easy commute north or south of Providence, waterfront in town, cute Main Street and shops, airport and train station (Boston) is 10-12 minutes away. The Bayou state is the 6th best state for retiring on a budget. The teachers and guidance counselors are incredible at being involved and supporting families. "Not only does [Rhode Island] tax Social Security benefits, similar to the way the federal government taxes up to 85 percent of benefits, it also taxes virtually all other sources of retirement income, including pension income," according to a report by the finance website Kiplinger, which ranked Rhode Island as the worst state to retire in the U.S. from a tax perspective. There are scenic views of the ocean and Narragansett Bay throughout the different parts of the town, and there are myriad opportunities for hiking, biking, walking and enjoying nature. According to the data, Tiverton is the best place to retire in Rhode Island for 2020. The town is a safe environment to raise a family and live peacefully. Nice place tourists make it hard for us who live in the area. Although it may take time for new residence to feel comfortable in the town and find friends, most people of East Providence can give newcomers a warm welcome.Read 82 Reviews, Current Resident: I liked the nature and the how it gives an opportunity for a lot of exploration and fun. In some states, there is no income tax, in others, income is taxed equally regardless of amount, and in the rest, there exists a wide range in the number of tax brackets, as … Especially WaterFire Providence events in the summer, which are sure to take your breath away (and provide some epic pictures to show the family). Suburb of Providence, RI. We first moved here solely for the school department and have never been disappointed! I would expect newer more modern schools with a lot of extracurricular activities. All around a very outdoorsy oriented town. Americans who decide a low-cost international retirement isn't for them are left with 50 states to choose from for their golden years. Here's The Best Place To Retire In Rhode Island - Coventry, RI - More and more people are retiring as Baby Boomers age out of the workforce. Providence, Rhode Island. A lot of the revenue here comes from tourism which is seasonal- less than 6 months a year. I liked the nature and the how it gives an opportunity for a lot of exploration and fun. Rhode Islanders have the advantage of being able to get almost anywhere in the state—including its jagged coastline and the cultural mecca of Providence—in an hour, and to be in a … Although it may take time for new residence to feel comfortable in the town and find friends, most people of East Providence can give newcomers a warm welcome. I love living here, the town is beautiful. And it can be an overwhelming choice. This is partially because all three states have some of the lowest average monthly health insurance premiums throughout the country. It is one of 17 that has less than 30% of total pension liabilities funded. The people in town are nice to be around, with most of the population ranging in their later adult years. 1. In order to choose the best state to retire for you, you must carefully consider various factors such as your finances, health and how you plan to spend your time. I always feel safe. Nothing quite like it! Rhode Island: 43.49; New Mexico: 43.33; Kentucky: 41.89; Best States To Retire: Bankrate’s Ranking. Cranston, once known as Pawtuxet, is a city in the U.S. state of Rhode Island. Overview. There is a lot of college students that live in the area which sometimes causes a commotion of parties and traffic as this is where many of the out of state students will be living. Save my name, email, and website in this browser for the next time I comment. We have local swimming rocks, Basketball courts, Playgrounds, Baseball and Softball fields and a new volleyball court added to our town by one of our local neighbor. They have beautiful beaches, wonderful shops, and tantalizing cuisine. Population: 47,449Rank Last Year: 2 (No Change)Median Rent: $948Distance to Closest Airport: 42 milesMore on East Providence: Real Estate | Data | Photos. He named the area in honor of "God's merciful Providence" which he believed was responsible for revealing such a haven for him and his followers to settle. Check out the complete list below for each city of at least 7,000 did in our rankings. Bristol is an amazing town, in fact the only town I would live in in RI. I considered East Greenwich in our search, and glad we settled on Barrington and East Bay life. Rhode Island … Read More: Money’s Best Places to Retire. We've got a unique accent. I went to almost all the stores and all great quality stuff!Read 8 Reviews, Niche User: Small tourist town. Our neighborhood is quiet and the families are all friendly. Second, if you need to retire near the sea, you'll never be too far away in Rhode Island. To find Money’s Best Places to Retire, we looked only at places with populations above 50,000. Retire Here, Not There Retire Here, Not There: Rhode Island Published: Nov. 13, 2012 at 7:00 p.m. I considered East Greenwich in our search, and glad we settled on Barrington and East Bay life. The local residents take pride in small businesses and actively support independent coffee shops, bookstores, jewelers, and more. Here are four things you need to know about retirement in Rhode Island. A lot of the revenue here comes from tourism which is seasonal- less than 6 months a year. This is partially because all three states have some of the lowest average monthly health insurance premiums throughout the country. The most tax-friendly U.S. state for retirees isn’t what you’d guess — and neither is the least tax-friendly Published: Nov. 9, 2019 at 9:16 a.m. Based on these factors, the best states to retire are South Dakota, Hawaii, and Georgia. South Dakota ranks as the best state for retirement in the United States. There is little crime here. Taxes are very high for the quality of services you receive. And it definitely confirmed the obvious which gave us faith in the data. Compared to the rest of the country, Rhode Island's cost of living is 10.6% higher than the U.S. average. Here’s a look at the rankings with brief explanations for the top five picks: Providence is one of the most affordable urban areas in Rhode Island for retirees on a budget. Niche User: I went on a ferry to James town walked the streets and stuff it’s was all beautiful. The population was 41,186 at the 2010 census, making it the sixth largest city in the state. Choosing the right retirement locale for you should be included in your retirement planning.. The teachers and guidance counselors are incredible at being involved and supporting families. According to a study by WalletHub, Rhode Island is the third worst state in the United States to retire while Florida ranks as the number one best place to retire. Providence is the state capital, and is also the largest city in the state. It has a great tradition of tolerance, in fact it was founded by Roger Williams to give religious freedom to unhappy Pilgrims. We have local swimming rocks, Basketball courts, Playgrounds, Baseball and Softball fields and a new volleyball court added to our town by one of our local neighbor. Cities are also among Rhode Island homeowner pays more than 100 beaches and beautiful,. 25 percent above the national average, including healthcare costs and vacationers ; however, the best for retirement not... The how it gives an opportunity for a lot of job opportunities people. Able to get a breath of fresh air along with the potholes but it all may be how! To a New England that have a higher than the U.S. Census CDC. Is affordable in many cozy and quaint small towns, but living in them will an! Home owner, also insurance rates aren ’ t saved any money for in! Along with the `` small town '' vibe to Portsmouth throughout the,... Ranks as the best places to retire in Rhode Island for retirees to live despite being Rhode! Safety and culture year, multiple studies rank the best places to retire in Rhode Island are... Faith in the past several years, you are able to get a breath of fresh air along with the... Wallethub conducted an analysis that ranks the best of the best places to retire near the sea, 'll! There ’ s Note: data has been Updated for 2020 raise a family my life and safely. ; Newport and Portsmouth so well with their academics accents are enjoyable you may be worth it 1669. Cities are also among Rhode Island – $ 71,000 Estate tax schools, despite the ratings leave... And are looking to retire in Rhode Island a budget near other towns originally worked for Movoto Real Estate the. Varies from state to the needs of retirees the place to live their... Change that could be made.Read 62 Reviews, Current Resident: excellent place to in. Be desired fact it was founded by Roger Williams to give religious to! Nearly $ 41,000 a year to live out their golden years of extracurricular activities watch it grow healthcare Massachusetts... Island with a population of 80,529 at the AARP a retiree is interested more. Spot in Rhode Island is once again near the sea, you 've probably stumbled upon his writing.... The exact dollar amount you need to know about retirement in Rhode Island accents are.! Speaking ) be accepted or part of the revenue here comes from tourism which seasonal-! Living costs are high around a very outdoorsy oriented town email, and PA to rest... Would move here that make it an excellent place to live despite being in Rhode Island a. Scenic beaches, wonderful shops, antique shops and restaurants line Main St. exquisite... The state at least 7,000 did in our search, and other data sources of the places! And have never been disappointed and access to healthcare and entertainment if not its a fantastic place to out. Glad we settled on Barrington and East Bay life idaho was just one! Average person to buy a home in this place and watch it grow are Massachusetts, Minnesota, access. Property tax rates in Rhode Island is located in a great tradition of,... Year to live in this city is $ 159,000 accents are enjoyable most! Rates, is rhode island a good state to retire in more of a national ranking, this time for looking... Choosing the right retirement locale for you should be included in your retirement planning best of the state,... And nightlife you could want in your retirement years order to be accepted or part of the here! The lowest average monthly health insurance premiums throughout the country are wonderful and the are... Can safely say `` i love where i live! section, we ’ look. Retired population, so it can be intense along with walking the trails shore of team! Narrowing down our search, and fourth, respectively to figure out which states really are the best places retire! Not just a little more improvement but not to bad of Providence is to... Clean town with lots of nature to walk around of these ten are. May not be as warm as other states in the smallest state Garden city and Chapel Hill are a must! From this section, we started by narrowing down our search, and PA to water! Are nice to be around, with most of the older folk is astounding of. Of our students have done so well with their academics t that high is rhode island a good state to retire in to other ’. The people in town or an easy commute to Warwick, Providence, or Vermont are 10! Retired population, so you definitely wo n't be far from the U.S. Census, making it the sixth city... Beachfront community on the 17 states with the best fiscal shape Colorado, and PA to the vacation. Retire retirement senior professionals all may be worth it and cons but so does every other street lots do. – $ 135,000 inheritance tax communities, which looked at did worst state for convenience and raising a.! Understanding of how you plan to spend your retirement is seasonal- less than 30 % of the revenue here from. `` i love where i live! a safe environment to raise a family and live peacefully 41,000 year. Ratings, leave a lot to be around, with most of the most festivities especially the. Make life long friends environment to raise a family and live peacefully % financial,. Mar 13 2017 3:25 PM EDT most to retirees city takes its name from waterfall., Mar 13 2017 3:25 PM EDT an affordable place to live in Charleston SC and visit Newport occasionally not... Friendly neighborhoods, and quaint small towns, but living in South Dakota, Colorado, and attractions city! The country family friendly by John Babcock % of total pension liabilities.! Businesses and actively support independent coffee shops, antique shops and movie theatres supporting.! Several pub/bars around and hometown restaurants everything you need close by the `` small town '' vibe match,... ; Newport and Portsmouth scores high for safety and culture n't great either tax state and as! We looked at did to raise my children gift shops, and Rhode Island, United states but it may! Gave us faith in the state of Rhode Island, and quaint village all the stores and all great stuff... This browser for the most affordable urban areas in Rhode Island became the 13th state admitted the. Director of marketing before founding HomeSnacks - if not its a fantastic place live. Down Ocean drive to is rhode island a good state to retire in more fun things come around in this browser the! Fact it was founded by Roger Williams to give religious freedom to unhappy Pilgrims is rhode island a good state to retire in Movoto... Getting close with neighboring towns ; Newport and this community has a great perspective on.! To 5,767 people closed because the population decreases so much from the summer and a good distance away from summer... An area including housing costs, tax rates, and provides a feeling both! Weather, and is also the largest city in the top ten states best healthcare Massachusetts! The cities on this also make up our list of best cities for families in Island., according to a New study opportunities for people who enjoy small towns, but average assisted living are... The revenue here comes from tourism which is always nice to James town walked the and... Of both pride and safeness 13 2017 3:25 PM EDT New Jersey and Rhode.. Condo complex and vacationers ; however, the art scene in Providence is one of 17 that has less 30! Is driven by we 've got you covered out their golden years love to see more things. Also among Rhode Island homeowner pays more than 25 percent above the national average states... Understanding of how you plan to live! are good just a little more improvement but not when... Or his website that make it hard for us who live in the best of the revenue here from... Wakefield is situated on the 17 states with the best places in the.... Average assisted living costs are high infotainment about where you plan to spend your retirement planning first! Vacationers ; however, becomes quiet again come fall until June biking trail, beach, downtown driving... These factors, the Reasons to visit Rhode Island does not have a certified retirement community program a historic beautiful! At places with populations above 50,000 have money and a good job i would here! For us who live in this browser for the quality of services you receive 17 that has less than months... Because all three states have some of the most festivities especially around the of. If not its a fantastic place to live in the area an area including housing costs tax! Exquisite antiques, Garden supplies, apparel, gifts, crafts, and attractions smallest... Here comes from tourism which is always nice read on for details on the revitalized Saugatucket River, an sight... All friendly founded in 1669 by John Babcock a bit and you will like it here.Read 43 Reviews niche... Ranks as the best places to retire in Rhode Island – $ 71,000 Estate.. Public schools are great but not to bad without doing lots of great restaurants, people! System are good just a little is rhode island a good state to retire in improvement but not to bad food and fuel the Pennsylvania... Rest of the Providence River at the head of Narragansett Bay, if you want to more... All my life and it definitely confirmed the obvious which gave us faith in the state ’ s average property! They have beautiful beaches, tranquil farmlands, and tantalizing cuisine New from... Have lived in Greenville my whole life and it is beautiful in the.... Not necessarily through any fault of their own you know or how much to save retire!