Retirement brings a new set of concerns. Gone are regular raises, overtime pay, and the prospect of a higher paying job. Retirement is when you have to budget for a relatively fixed income for the rest of your life. One of the best strategies for dealing with a fixed income is reducing your cost of living. The easiest way to reduce your living expenses is to move to a less expensive place.
Chandler, Arizona isn’t the least expensive place to live in the United States, but considering the advantages of climate, natural beauty, and culture, it is a great place to maximize your retirement dollar while keeping a good quality of life.
The following article will take a look at some specific costs of living in Chandler, in order to give you a good idea of what you can look forward to there.
One of the most important costs we have is for housing. Rentals in Chandler are below the national average at a reasonable $900 to $1000 for a one-bedroom apartment. If you’re buying a home, the average price per square foot is $134 per square foot. This is close to the national median price per square foot and way below prices in the Northeast or on the West Coast. Selling up to lower your cost of living is easy to residents of the more expensive regions in the United States.
Chandler food prices track very close to the national average. Living in Chandler will not increase your monthly grocery bill. A quart of milk is just under a dollar, and you can buy a dozen large eggs for around $2.50.
Eating out is reasonably priced for most people in Chandler. An inexpensive restaurant meal will cost between $7 and $15. A fast food meal will be between $6 and $8. Living in Chandler means you’ll eat well and not bust your budget to do so.
Gasoline prices in Chandler are close to the national average at about $2.50 per gallon. The long, straight roads and hot, dry weather keep your mileage per gallon on the high side and help your car to last longer.
There is a good system of buses to all the local communities and Phoenix, as well as a light rail system. As you age and driving becomes more difficult, the mass transportation options in Chandler mean that you’ll still be able to get around easily.
The national median cost of nursing home care in the U.S. is between $80,000 and $90,000 per year, enough money to worry anyone. Here is where living in Chandler proves advantageous for retirees.
A semi-private room in a nursing home in Chandler will only cost between $5,000 and $6,000 per month. An assisted care facility will only cost between $3,000 and $4,000 per month. Combined with the healthy climate and endless sunshine, senior care in Chandler, Arizona is a real bargain.
Look at Chandler as a possible retirement destination for cost and climate.
Find assisted living in Chandler near you.