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A million dollars is just not as much as it used to be. With the housing market at an all-time high and houses now seven times the price they were when many bought their first home, the need to save wherever possible is more important than ever. The idea of spending a lifetime saving only to reach retirement and see it all funnel down the drain is no one’s dream. However, in the great state of Wyoming, that is not a concern. With some of the most budget-friendly towns in the country, it is an optimal location for laying down roots while not breaking the bank.

Cody

Cody has a cost of living index lower than the national average, which makes it an excellent economical choice. The Buffalo Bill Center of the West provides an endless list of exhibits on Western history and culture, perfect for lifelong learning. During the summer months, the Cody Night Rodeo offers regular entertainment that keeps the community lively. For healthcare, Cody Regional Health ensures that medical services are readily accessible. Outdoor enthusiasts will appreciate the nearby Shoshone National Forest, which offers hiking and fishing opportunities. The local senior center in Cody provides various services and recreational programs, ensuring that retirees have plenty of activities to stay engaged and active.

Laramie

Laramie, home to the University of Wyoming, has a range of cultural and educational offerings that retirees can enjoy. The university's events and programs enrich the town's atmosphere. Comprehensive healthcare services are available at Ivinson Memorial Hospital, ensuring peace of mind for residents. The average home price is $425,000, and the cost of living is lower than the national average, making it an ideal budget-friendly choice. Outdoor activities are plentiful, with Vedauwoo Recreation Area providing rock climbing and scenic hiking trails, which are excellent excursions for visiting family and friends. The local senior center offers a variety of activities, including fitness classes and social events. The Laramie Plains Museum adds a touch of history, showcasing the town's heritage and providing educational enrichment.

Riverton

Riverton’s real estate market is notably affordable, with an average home price of $499,000, offering a range of housing options that are perfect for retirees looking to manage their budgets. Central Wyoming College offers lifelong learning programs, keeping the minds of seniors engaged and active. The Riverton Senior Citizens Center supports the community with meals, transportation, and recreational activities. The Wind River Heritage Center features fascinating exhibits on local history and wildlife, making it a great spot for educational outings. Local healthcare needs are met by facilities such as SageWest Health Care, ensuring residents are well taken care of. Boysen State Park nearby offers numerous outdoor activities, including fishing, boating, and camping, making Riverton a great place for retirees who love nature.

Sheridan

Sheridan, Wyoming, is a town that retirees will find appealing for its diverse offerings and affordable living, with an average home price of $607,300. The WYO Theater and local galleries form a vibrant arts scene, providing entertainment and cultural enrichment. For history buffs, the Trail End State Historic Site offers a deep dive into early 20th-century life with well-preserved artifacts and exhibits. Healthcare needs are met by Sheridan Memorial Hospital, ensuring quality medical services. Kendrick Park is ideal for leisurely walks, swimming, and picnics, making it a great place for outdoor relaxation. The annual rodeo event brings the community together, fostering a lively sense of community. Additionally, the Sheridan Senior Center provides meals, fitness classes, and social activities, creating a supportive environment for seniors.

Green River

Green River is another cost-effective option for retirees, with living expenses below the national average and an average home price of $322,000. The Green Belt Nature Area offers numerous outdoor activities, such as fishing and hiking, perfect for those who enjoy staying active. The Sweetwater County Historical Museum provides a fascinating look into the area’s past, instructing the community about its history. Healthcare services are accessible through the Castle Rock Hospital District, ensuring residents have necessary medical care, while the local senior center organizes a variety of programs and services tailored to older adults. Expedition Island Park, a local favorite, is great for picnics, walks, and biking, offering a serene environment for relaxation.

Rawlins

Rawlins stands out with a lower cost of living compared to many other towns in Wyoming, making it a practical choice for retirees. The average home price here is $265,000, making it one of the most affordable on this list. The Carbon County Museum highlights the region's historical significance, offering engaging exhibits. For fitness and recreation, the Rawlins Family Recreation Center provides extensive facilities and programs, and medical services are covered by the Memorial Hospital of Carbon County, ensuring comprehensive healthcare. The local senior center supports older adults with meals, activities, and social events like bingo and mixers, promoting an active and connected community. Additionally, Rawlins’ proximity to outdoor areas like Seminole State Park offers ample recreational opportunities, including fishing, boating, and hiking.

Thermopolis

Thermopolis makes for an excellent budget-friendly retirement destination with a unique feature: Hot Springs State Park, which provides free access to natural hot springs, perfect for relaxation and health benefits. The cost of living in Thermopolis has an average home price of $330,000, making it an attractive option for retirees. Healthcare needs are well-served by Hot Springs County Memorial Hospital, ensuring residents have access to necessary medical care close to home. The Wyoming Dinosaur Center adds an educational touch with engaging exhibits and activities about prehistoric life. The local senior center supports the community with meals, transportation, and fitness programs, keeping older residents active and connected. For those who enjoy outdoor adventures, Wind River Canyon provides opportunities for scenic drives and recreational activities.

Evanston

Evanston offers retirees a low-cost lifestyle and an average home price of $362,000. Bear River State Park is a local gem featuring hiking trails and opportunities for wildlife viewing, ideal for nature enthusiasts. Evanston Regional Hospital ensures comprehensive medical services, catering to the healthcare needs of the community with numerous services for seniors. The local senior center is bursting with activity, offering a range of programs and services tailored to older adults. Evanston's historic downtown is filled with shops and restaurants, making it a vibrant area for both residents and visitors. Annual events like the Evanston Cowboy Days enhance community spirit, providing entertainment and fostering local spirit.

Douglas

Douglas provides a range of affordable housing options, with an average home value of $346,000, making it an appealing choice for retirees looking to stay within their budgets. The Wyoming Pioneer Museum showcases the local history and heritage, offering a glimpse into the town’s past. Memorial Hospital of Converse County delivers essential healthcare services to the community, and the local senior center is active, offering meals, game nights, and various other activities that keep retirees engaged. Ayres Natural Bridge Park is a beautiful spot for picnics and outdoor activities, adding to the town's appeal. Finally, Douglas hosts the annual Wyoming State Fair, a major event that brings together both locals and visitors for a celebration of community and fun.

With the cost of living in the United States at a history high, it is handy to have so many budget-friendly locations to retreat to. However, these 9 towns are not just affordable. They also possess an abundance of engaging and exciting activities that make sure residents do not miss out on any social or entertainment opportunities. They provide a lifestyle that not only keeps those who live there active but is also inviting for visitors. Considering one of these towns for retirement is a no-brainer for anyone looking to make the most of their lifelong savings.