The 5 Best Places to Retire in Tennessee in 2024

When it comes to retirement, finding the perfect place to settle down is a top priority. 

With its low cost of living, rich cultural history, and stunning natural landscapes, Tennessee is emerging as a top choice for retirees looking for a balanced lifestyle without breaking the bank.

In this article, we’ll look at some of the Best Places to Retire in Tennessee – but first, let’s address some of the most important factors that retirees should be considering before they move…

Why listen to us? Well, we live here! We’re movers based in Chattanooga, but we also move in Nashville, Memphis, Knoxville, and all over the country. So are we biased? Yeah, a little bit. But I think you’ll buy into the supporting evidence, below.

What are the 5 Best Places to Retire in Tennessee?

Chattanooga

Average Home Cost: $304,000
Population: ~187,000
Cost of Living Score: 89.7 (10.3% Lower than the National Average)

Chattanooga offers retirees a mix of scenic beauty and affordability. Nestled along the Tennessee River and surrounded by the Appalachian Mountains, it’s known for its hiking trails and kayaking opportunities as well as its cultural attractions like the Tennessee Aquarium and Hunter Museum of American Art. 

The city has a moderate cost of living, mild climate, and access to quality healthcare, making it a great spot for retirees who love a combination of nature and city amenities.

Convinced? Talk to our long-distance movers in Chattanooga.

What Can Retirees Do There?

The Riverwalk is a 16-mile paved path that runs along the Tennessee River. It’s a perfect place for active retirees to go on a bike ride or take a picnic.

Train enthusiasts will love the Tennessee Valley Railroad Museum. Established in 1961, this museum is dedicated to preserving the rich history of railroading in the Southeast. Visitors can enjoy a hands-on experience by taking a scenic train ride on vintage locomotives and passenger cars, offering a nostalgic journey through the beautiful Tennessee countryside.

And, according to US News, “Sipping coffee in the courtyard at Rembrandt’s is an essential experience in Chattanooga.” The Bluff View Art District regularly ranks as one of the top things to do there – and it wouldn’t be a bad way to spend the afternoon for a retiree.

Memphis

Average Home Cost: $148,000
Population: 618,000
Cost of Living Score: 85.8 (14.2% Lower than the National Average)

“♫ I’m going to Graceland, Graceland… Memphis, Tennessee… ♫”

As you might be able to tell from that catchy Paul Simon song, Memphis is famous for its rich musical history & vibrant culture – not to mention its delicious barbecue. 

Retirees who enjoy live music, especially blues and rock ‘n’ roll, will feel right at home here. The cost of living is lower than the national average, and with plenty of parks, museums, and historical landmarks like Gcraceland, it’s a city full of activities. 

Memphis also boasts a growing healthcare sector, making it a practical choice for retirees.

What Can Retirees Do There?

Music lovers will enjoy visiting Beale Street, the birthplace of the blues, where live performances take place regularly.

For history buffs, the National Civil Rights Museum, located at the Lorraine Motel, is both moving and educational. 

Retirees can also enjoy walking through Overton Park or strolling by the Mississippi River at Tom Lee Park. 

And, of course, why not gorge on some good old fashioned Memphis BBQ at Central BBQ or Rendezvous?

Ready to move? We have long-distance movers in Memphis ready to help.

Nashville

Average Home Cost: $433,000
Population: 689,000
Cost of Living: 104.7 (4.7% Higher than the National Average)

Nashville, known as Music City, is a popular destination for retirees seeking a dynamic urban environment with Southern charm. 

It offers world-class healthcare, a thriving arts scene, and endless entertainment options from live music to fine dining. While the cost of living is slightly higher here compared to other cities in Tennessee, Nashville’s appeal lies in its vibrant culture and its status as a healthcare hub.

Some popular Nashville neighborhoods include The Gulch and Sobro.

What Can Retirees Do There?

For retirees who love music, the Grand Ole Opry and Ryman Auditorium are must-see venues, offering live performances year-round.

The Country Music Hall of Fame is another iconic stop for country music fans.

For outdoor activities, retirees can take a stroll around Centennial Park, which features a full-scale replica of the Parthenon.

Ready to move? We have long-distance movers in Nashville ready to help you get moved in.

Germantown

Average Home Cost: $487,000
Population: 41,000
Cost of Living: 85.8 (14.2% Lower than the National Average)

Germantown, technically a suburb of Memphis, is known for its quiet, family-friendly atmosphere and top-rated public services. If you’re looking for somewhere that’s a bit further away from the bigger cities, this is your best bet.

The city features excellent healthcare facilities, well-maintained parks, and an array of community activities. Germantown is ideal for retirees looking for a slower pace of life while still having access to the amenities of Memphis.

What Can Retirees Do There?

Retirees can enjoy the numerous parks that Germantown offers, including Cameron Brown Park and Germantown Greenway, which is perfect for walking or biking.

The Germantown Performing Arts Center features many plays, musicals, concerts, and other performances. 

The Farmers’ Market is another local favorite, perfect for picking up fresh produce or enjoying a community event.

Knoxville

Average Home Cost: $353,000
Population: 198,000
Cost of Living: 91.8 (8.2% Lower than the National Average)Located near the Great Smoky Mountains, Knoxville is an outdoor enthusiast’s dream. Retirees can enjoy a low cost of living, rich history, and a slower-paced lifestyle with access to scenic parks, museums, and historical sites. Knoxville also has a robust healthcare system and a strong sense of community, making it a solid choice for retirees.

What Can Retirees Do There?

Retirees in Knoxville can take advantage of the nearby Great Smoky Mountains National Park, offering countless hiking trails and scenic drives.

Market Square in downtown Knoxville is a lively area full of shops, restaurants, and live performances.

History lovers will enjoy exploring The East Tennessee History Center, while nature lovers can relax in Ijams Nature Center or visit Knoxville Botanical Garden.

We can help you move long-distance to Knoxville, fi you’re ready.

The 5 Best Places to Retire in Tennessee in 2024

Tennessee offers a diverse range of retirement destinations, each with its own unique appeal. From the vibrant music scenes in Nashville and Memphis to the scenic beauty of Chattanooga and Knoxville, the state provides an ideal mix of affordability, activities, and access to quality healthcare.

Whether you’re seeking outdoor adventures, cultural experiences, or a quiet suburban lifestyle, there’s a place in Tennessee with your name on it.

With its low cost of living and tax-friendly policies, it’s no wonder that more and more retirees are choosing to call Tennessee home – and if you need help with any moving services, Belljop has got you covered.