Hot Springs, Arkansas
Cost-of-Living: Below the national average
Hot Springs, Arkansas (population 36,000) is a popular tourist spot that attracts a lot of retirees (it even attracted Al Capone back in the day). With a pretty location in the middle of lakes and rolling hills, it has a mild climate and is home to famous healing spa waters. Roughly 24% of the population is aged 45-64 and about the same percentage is age 65 and older.
Health care is very good for a city of its size. There are three general hospitals, and Little Rock, with more medical facilities, is less than an hour away. Garrett Manor is a Level II assisted living facility.