St. Petersburg, Florida Emerges as Top Retirement Destination

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St. Petersburg, Florida has been named one of the best places to retire in the South, thanks to its low crime rate, subtropical climate, and abundance of activities and amenities for older adults. The city has seen a significant decrease in homicides, auto thefts, and fatal crashes over the past five years, making it an appealing choice for retirees seeking a safe and supportive community. With a cost of living 4% below the national average, no state income tax, and a housing market 16% below the national average, St. Petersburg offers an affordable retirement option. Retirees can enjoy the city's miles of beaches, fossil hunting, fishing, and other outdoor pursuits, as well as a thriving 55+ community.

Why it matters

As more Americans approach retirement age, finding the right location to settle down is a top priority. St. Petersburg's combination of safety, affordability, and recreational opportunities makes it an increasingly attractive option for retirees looking to enjoy their golden years in a vibrant coastal community.

The details

St. Petersburg has seen a significant decrease in crime over the past five years, with homicides down 44% and auto thefts and fatal crashes down 31%. The city's focus on community building and high concentration of seniors (21% of the population) provide a supportive environment for retirees. Housing costs are 16% below the national average, and Florida's lack of a state income tax adds to the financial appeal. Retirees can take advantage of the city's beaches, fossil hunting, fishing, and other outdoor activities.

• In 2025, St. Petersburg recorded 10 homicides, a 44% decrease from 2024.
• Over the past five years, auto thefts and fatal crashes in St. Petersburg decreased by 31%.

What’s next

As more retirees consider relocating to St. Petersburg, the city may need to address potential challenges such as increased demand for housing and infrastructure.