Best Places to Retire

Retire to Ann Arbor, Michigan

If you're looking for a retirement destination that will offer you the benefits of a rich culture, a cosmopolitan environment and is comparatively inexpensive, maybe you'd like to consider Ann Arbor in the state of Michigan.

This is where the University of Michigan is located.

In fact, the cultural life of the town centers on the university, ranging from live musical shows at The Ark to plays performed at the Lydia Mendelssohn Theater.

Apart from the pleasures of life in Ann Arbor, the fact that Detroit is only 43 miles away is an advantage in itself.

So if you're keen on cultural pursuits, you can reach the renowned Fisher Theatre in Detroit as well as the Detroit Institute of Arts in less than an hour.

There are other reasons why you will love living in Ann Arbor.

These organizations arrange safe and economically priced expeditions to various locations around the state.

Although prices of property in Ann Arbor have been going up, they are still not too high.

For instance, a 3-bedroom house for a single family in Arbor will be available for about $ 210,000.

You could also get a large condo for about $ 1,300 per month.

Property taxes here are calculated according to a complex plan.

According to this, property taxes for an average 3-bedroom house have been estimated at about $ 4,755.

The cost of living here is fairly reasonable, with income tax being levied at 4% and sales tax at 6%.

Traffic tickets will generally be less than $ 10.

There's no dearth of restaurants where you could pack in a substantial breakfast or lunch for just about $5.