Chattanooga named among best places to retire

Contributed PhotoMoney magazine lists Chattanooga among the best places to retire
Contributed PhotoMoney magazine lists Chattanooga among the best places to retire

Chattanooga has made another national "best cities" list.

Money magazine has included the city on its list of "Best Places to Retire 2015."

In all, the financial magazine lists 20 retiree havens in the United States and cites the Scenic City for its thriving arts scene, including music festivals and museums.

The report also notes Chattanooga's relatively low taxes and affordable housing. Although the National Association of Realtors estimates the median price of homes sold in Chattanooga during the first quarter of 2015 was up 11 percent from a year ago, Chattanooga home prices, on average, were still priced 30 percent, or $61,600 less, than the U.S. average during the first three months of this year.

Chattanooga is the only Tennessee city on the Money magazine list of best retirement towns, which also includes Athens, Ga., and Asheville, N.C.

The Money magazine recognition of Chattanooga as a retirement haven comes just a week after another national publication, Outside magazine, named Chattanooga as the Best Outdoor Town in America based upon online voting in a contest that began with 64 outdoor-oriented cities.

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