April 24, 2019

The 20 Best and Worst Towns to Retire in

Norfolk, Va

  • Property Tax Rate: 1.055 percent
  • Cost of Living: 97.6
  • Average Monthly Health Insurance Cost: $296

You don’t have to travel far to get to the next state on the list of best options for retiring rich: Norfolk is about a 90-minute drive from Richmond.

However, despite scoring two cities in the top 10, not all Virginia residents appear to be planning to retire rich: Most admitted to only having between $10,000 and $49,999 saved for retirement in a GOBankingRates survey.

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