The Southwest area shows off mainly two States that often find themselves in a friendly rivalry; i.e., Arizona and Texas. Both states offer sunshine, outdoor adventures, and a laid-back lifestyle. From a thriving economy filled with rich cultural heritage to an affordable cost of living, these states prove time and again why these are perfect for your retirement plans.
But the question now lies, why Texas- The Lone Star over Arizona? Here is a list of reasons Texas is a more suitable state to retire in.
Cost of living
The most considerable quality that a retiree prefers primarily is the cost of living of the state. Texas has a lower cost of living than Arizona. Texas wins in housing charges over Arizona, making it overall cheaper than Arizona. The median price of a home in Arizona in 2023 was $434,300, while in Texas, the median price of a home was $354,200. Apart from that, the general living expenses are also cheaper in Texas than in Arizona.
State Taxes
Texas offers a significant financial advantage to retirees than Arizona. Texase state charges no state taxes. This means the retirees can keep more of their income from sources like Pensions, Social Security, and Investments. With more money in hand, they can enjoy a good quality of life after retirement, including travel, hobbies, and healthcare. When it comes to other taxes, Texas also has a comparatively lower rate of taxes, such as house tax, further offering a tax rebate to senior citizens aged over 65 years.
Healthcare
The urban cities of Texas such as Houston, Dallas, and Austin have a larger network of hospitals and specialized services than Arizona. These cities have full-fledged centers catering to the critical needs of patients. The retirees in such age prefer cities with good medical services which are easily accessible at such a rush hour. Texas fits perfectly for such needs. This gives the retirees a bit of self-independence, with no worries in case of emergencies. Cities like Houston are home to world-class medical centers, renowned for many critical facilities such as cancer centers.
Cultural offerings
Texas offers a vibrant cultural scene enriching retirement life. Major cities of Texas provide endless entertainment with music, art, and diverse cuisine. The State’s rich heritage, a blend of Native American, Mexican, and Western influences, is celebrated through festivals and events, creating a comfortable and fulfilling environment for retirees seeking an indulging lifestyle.
Events like the South by Southwest festival in Austin, the State Fair in Dallas, and Houston’s Livestock Show and Rodeo provide unique experiences blending local culture with entertainment. Moreover, Texas also flaunts its historical background with sites like the Alamo in San Antonio and the San Jacinto Monument near Houston serving as poignant reminders of Texas’s fight for independence.
Climatic perfection
From the sandy shores of the Gulf Coast to the bumpy beauty of the Hill Country, the State offers something for every woodsman. The diverse climate adds to the appeal, along with warm and breezy coastal conditions in the East differing sharply from the arid desert-like environment in the West. The Central region provides a comfortable balance with its mild winters and warm summers, making it a popular choice for retirees.
Dynamic economy
Texas offers a bag of opportunities being a powerhouse economy. The State has a versatility of jobs, paying respect to every kind. This throws many viable options for retirees who want to be independent in their retirement too. From having options for Part-time jobs to Full-time comforting job options. The retirees who prefer to opt for the entrepreneurial options, also have a lot of opportunities in the major cities of Texas.
Lastly, the delicious food
The great state of Texas is home to a melting pot of culinary comforts. Its unique cuisine reflects the wide range of ethnic and cultural groups that call Texas home. Being majorly influenced by Mexican cuisine, Texan cuisine is also a blend of Southern, African American, Native American, and European influences. The classic Texas dishes include chicken fried steak, pecan pie, and, of course, barbecue.