This Florida City Was Just Named the Best Place to Retire Without a Car-and It Has Low Taxes, Too

Car ownership carries high monetary and environmental costs, including insurance, tolls, maintenance, parking, fuel, and repairs. Walkable cities are growing in popularity. Car-free communities appeal to retirees on tight budgets by reducing transportation expenses and encouraging walking and biking for health and social interaction. GOBankingRates identified cities with at least 20% residents aged 65+ and considered walkability, incomes, housing and transportation costs, livability, and retiree expenditures. Wilton Manors, Florida ranked best for car-free retirement with a $73,020 cost of living, a 17/20 walkability score, and a 91/100 livability score. Wilton Manors is nicknamed 'Island City' and has a vibrant LGBTQ community.

"When you add up insurance, tolls, maintenance, parking, filling up, and repairs, owning a car is one of the fastest ways to drain your bank account. And when it comes to environmental costs, gas-guzzling vehicles certainly aren't the ideal form of transportation. That's why walkable cities are growing in popularity among visitors and potential residents. For retirees with tight budgets, car-free communities are especially attractive when looking for a new place to call home."

"GOBankingRates set out to find the absolute best places in the U.S. to spend retirement without a car. It named Wilton Manors, Florida, the best place to retire, no car necessary. A suburb of Fort Lauderdale, Wilton Manors has a $73,020 annual cost of living. It scored 17 out of a possible 20 in walkability, and 91 out of 100 in livability."

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