Population 65+: 17.2%
Monthly cost of living (with mortgage): $3,691
Livability: 72
Albuquerque enjoys a low cost of living compared to the rest of the United States, with a relatively inexpensive housing market, low property taxes and reasonable healthcare prices. The city is the largest in New Mexico, with a powerhouse economy that helps fuel the state. That healthy economy, coupled with beautiful western vistas, makes Albuquerque a great place for retirees to settle down.
Methodology: GOBankingRates identified cities with populations of at least 150,000, with at least 10% of the population age 65 and over. Other data was sourced from the U.S. Census American Community Survey, Sperling’s BestPlaces, the Bureau of Labor Statistics Consumer Expenditure Survey, AreaVibes, Zillow Home Value Index for December 2024 and the Federal Reserve Economic Data. All data was collected on and is up to date as of Feb. 18, 2025.