If you’re looking for an affordable place to retire, Eagle Pass, Texas is getting attention after being ranked No. 1 on U.S. News & World Report’s 2026–2027 list of the cheapest places to retire. The border city stands out largely because of its relatively low housing costs, with reported home values below $186,000 and median rent around $632.
Other cities on the affordability list include Decatur, Illinois; Bay City, Michigan; Harlingen, Texas; Enid, Oklahoma; and Mission, Texas. Decatur is particularly notable for home prices below $100,000, while Harlingen and Mission offer the warmer climate many retirees seek without the housing costs found in more expensive retirement destinations.
Housing isn’t the only factor retirees should consider, however. Taxes, healthcare, insurance, utilities, transportation and everyday expenses can make a major difference to a retirement budget. Texas is especially attractive to some retirees because it has no state individual income tax, although property taxes can be relatively high.
Ultimately, the cheapest place isn’t necessarily the best place for everyone. A retiree who prioritizes warm weather may prefer South Texas, while someone seeking very low home prices could find the Midwest more appealing. These rankings are a useful starting point, but anyone considering a move should compare the total cost of living, healthcare access and quality of life before making a decision.
