10 Cities Where You Can Retire Without A Car
A fixed retirement income can transform car payments, auto insurance and weekly gas fill-ups from costly necessities to huge drains on the finances. If your stores, medical services, entertainment and transit options aren't all within walking distance, a change of scenery may be able to help cut costs a bit.
Neighborhood ranking site Walk Score has kept track of neighborhood density and convenience for the past couple of years and has helped real estate firms such as Zillow(Z) and Trulia pair retirees and other homebuyers with neighborhoods that make the most sense for their budget and lifestyle.
If downsizing the empty nest, ditching the car and diving into vibrant, tightly packed city life are on a retiree's agenda, Walk Score recommends the following 10 cities as potential destinations. They scouted out locations within a five-minute walk of grocery stores, public transportation and Zipcar(ZIP) rentals and came up with some great places across the country to go car-free:
10. Portland, Ore.
Walk Score: 66.3
Transit Score: 50
The near-ubiquity of buses everywhere but the fringe outer neighborhoods makes Portland a pretty easy place to move without a car, but the rail-laden neighborhoods in the city's center are the strongest argument for ditching the wheels. Neighborhoods such as the Pearl, Downtown and University Heights within the Free Rail Zone get free streetcar service throughout the city's core. That puts movies, restaurants, supermarkets and even Powell's Books within striking distance without having to pay a dime. The Max light rail line isn't free, but it extends rail reach a bit farther into the Northwest, Goose Hollow, Buckman, the Lloyd District, Hollywood and much of the North along Interstate 5.