Most of us spend years financially preparing for retirement but often don’t consider what our lives will look like during our golden years. Have you put much thought into what you’ll do with your free time, or what location will provide the backdrop to your dream retirement?

If you’ve done any research into the best states to retire, there’s a good chance Michigan has been on your radar. The state has plenty to offer retirees, and it has a number of retirement-friendly cities that would be the perfect place to spend your retirement years.

Why choose Michigan for retirement?

It’s easy to see why so many people choose to retire in Michigan. First, the state has a low cost of living, like much of the Midwest. Retirees will find that their money goes further, making it easy to buy homes, pay for healthcare, and still have plenty left over to enjoy their lives.

Michigan also has plenty of recreation and activities to offer retirees. The state experiences all four seasons, meaning residents can take advantage of just about every outdoor activity. Michigan sits right on three of the Great Lakes, making water accessible for most of its residents. Finally, with its many small towns, Michigan has a strong sense of community.

Exploring retirement-friendly cities in Michigan

If you’re considering a move to Michigan for your retirement, one of the first decisions you’ll have to consider is which city to call home. Michigan is home to plenty of excellent cities for retirees. They vary by population, amenities, cost of living, and other factors, so the best city for you depends on your priorities. We’ll break down some of the most retirement-friendly cities in Michigan to help you find your next home.

Consider these retirement-friendly cities in Michigan, based on census and housing data.^1,2,3

Grand Haven

• Population: 11,002
• % of Population 65 and Older: 24.8%
• Median Home Value: $358,527
• Cost of Living (Compared to the National Average): 7% lower
• Cost of Healthcare (Compared to the National Average): 6% lower
• Crime Rate (Compared to the National Average): 46% lower
• Amenities Score: C

Grand Haven is a small Michigan city located along the western part of the state and the eastern shore of Lake Michigan. The lake provides much of the city’s recreation. It’s well-known for Grand Haven State Park beach and its south pier, which are home to the 1893 Grand Haven Lighthouse and its boardwalk. There are plenty of other parks in the area, including the Ottawa Sands County Park, North Ottawa Dunes, Duncan Woods, and more. Additionally, the Grand River runs right through the city.

Grand Haven has plenty to offer retirees. The city’s average housing price is slightly higher than the national average. However, healthcare costs and the overall cost of living are lower than they are in much of the country. Additionally, the city has a large senior population, many amenities, and a crime rate that’s considerably lower than the national average.

Ann Arbor

• Population: 119,381
• % of Population 65 and Older: 12.3%
• Median Home Value: $517,841
• Cost of Living (Compared to National Average): 22% higher
• Cost of Healthcare (Compared to National Average): 2% higher
• Crime Rate (Compared to National Average): 13% lower
• Amenities Score: A+

Ann Arbor is a large Michigan city located in the southeastern part of the state. It’s a short drive from Detroit and is home to the University of Michigan. As a university city, much of what Ann Arbor has to offer is related to the school, including its well-known art museum. Ann Arbor is also home to plenty of outdoor recreation. It has plenty of local parks, nature areas, botanical gardens, and nature preserves.

Ann Arbor has an above-average cost of living, as well as average housing costs that are considerably higher than the national average. However, the city also has a very low crime rate and excellent amenities for its residents.

Grand Rapids

• Population: 196,608
• % of Population 65 and Older: 12.8%
• Median Home Value: $285,943
• Cost of Living (Compared to National Average): 8% lower
• Cost of Healthcare (Compared to National Average): 6% lower
• Crime Rate (Compared to National Average): 71% higher
• Amenities Score: A+

Grand Rapids is the second-largest city in Michigan, falling behind only Detroit. It’s located in the western part of the state, not far from the eastern shore of Lake Michigan. Like much of the state, Grand Rapids is known for its outdoor recreation, including its tropical conservatory, gardens, parks, and more. Grand Rapids also has a thriving art scene and the Grand Rapids Art Museum, where local artists can have their work highlighted. Finally, the city is known for its many breweries.

Grand Rapids has a cost of living that’s below the national average, including affordable housing and healthcare. The city also has many amenities. However, it also has a crime rate that’s above the national average.

Kalamazoo

• Population: 73,126
• % of Population 65 and Older: 10.4%
• Median Home Value: $232,935
• Cost of Living (Compared to National Average): 14% lower
• Cost of Healthcare (Compared to National Average): 6% lower
• Crime Rate (Compared to National Average): 159% higher
• Amenities Score: C+

Kalamazoo is a medium-sized city in the southwestern part of Michigan. The city is home to the Kalamazoo Institute of the Arts, which is filled primarily with American and European art. Kalamazoo also features the Kalamazoo Valley Museum, which has exhibits on science, technology, and history, as well as a planetarium. Finally, the city is home to the Air Zoo museum and Kalamazoo River Valley Trail, which runs through it, offering plenty of outdoor recreation to its residents.

Kalamazoo has some downsides for retirees, including a high crime rate and a small percentage of the population above the age of 65. On the other hand, it offers affordable housing and healthcare and an overall low cost of living.

Lansing

• Population: 112,115
• % of Population 65 and Older: 12.6%
• Median Home Value: $154,592
• Cost of Living (Compared to National Average): 16% lower
• Cost of Healthcare (Compared to National Average): 6% lower
• Crime Rate (Compared to National Average): 71% higher
• Amenities Score: A+

Lansing is the capital of Michigan and one of the state’s largest cities. One of the central sights is the Michigan State Capital, which features a cast-iron dome. Lansing is also home to the Impression 5 Science Center, the R.E. Olds Transportation Museum, and the Potter Park Zoo. Like the rest of the state, Lansing also offers plenty of outdoor recreation, including its many city parks, nearby state parks, nature areas, and more.

One of Lansing’s biggest advantages for retirees is its low cost of living. The city boasts low housing prices, low healthcare costs, and an overall cost of living that’s below the national average. However, Lansing also has an above-average crime rate and a relatively small senior population.

Detroit

• Population: 633,218
• % of Population 65 and Older: 14.4%
• Median Home Value: $72,457
• Cost of Living (Compared to National Average): 16% lower
• Cost of Healthcare (Compared to National Average): 2% higher
• Crime Rate (Compared to National Average): 180% higher
• Amenities Score: A+

Detroit is the largest city in Michigan, located on the Canadian border and the Great Lakes. Detroit is known for many things — some good and some bad. It’s home to the Detroit Institute of the Arts, its ties to the auto industry (gaining it the nickname Motor City), and for being the birthplace of Motown Records. Of course, Detroit is also known for its financial struggles and crime since losing most of its auto industry jobs. That being said, Detroit has been experiencing a renaissance of sorts in recent years.

Detroit still has a crime rate that’s considerably higher than the national average. However, it’s also an affordable place to live. The city has low housing costs and an overall low cost of living. Not to mention, it offers many amenities to its senior residents.

Traverse City

• Population: 15,707
• % of Population 65 and Older: 23.4%
• Median Home Value: $436,516
• Cost of Living (Compared to National Average): 9% higher
• Cost of Healthcare (Compared to National Average): 5% lower
• Crime Rate (Compared to National Average): 33% lower
• Amenities Score: A+

Traverse City is a small city in Grand Traverse County. It’s located in the northern part of the state and sits on the shore of the Grand Traverse Bay, which leads into Lake Michigan. Much of what Traverse City has to offer is related to its proximity to the water. It has several parks along the water, including other local parks.

Traverse City's housing prices are a bit higher than the national average. However, it also boasts affordable healthcare, many amenities, a large senior population, and a low crime rate.

Petoskey

• Population: 5,846
• % of Population 65 and Older: 19.7%
• Median Home Value: $411,737
• Cost of Living (Compared to National Average): Equal to
• Cost of Healthcare (Compared to National Average): 5% lower
• Crime Rate (Compared to National Average): 75% lower
• Amenities Score: B-

Petoskey is a small city in northern Michigan that’s located in Emmet County and along Little Traverse Bay, which leads to Lake Michigan. Given its small size, Petoskey doesn’t have as much to do as many of the other cities on our list. However, it does have plenty of outdoor recreation, including its waterfront parks and recreation areas.

Petoskey has a very small population, nearly 20% of which is over the age of 65. The city also offers below-average housing and healthcare costs, and an overall low cost of living that’s on par with the national average. Additionally, Petoskey has a very low crime rate and many amenities, despite its small size.

Saugatuck

• Population: 751
• % of Population 65 and Older: 38%
• Median Home Value: $566,239
• Cost of Living (Compared to National Average): 14% higher
• Cost of Healthcare (Compared to National Average): 16% lower
• Crime Rate (Compared to National Average): 65% lower
• Amenities Score: F

Saugatuck is a city located in Allegan County along the western part of the state and the eastern shore of Lake Michigan. Despite being technically labeled as a city, Saugatuck has a population of less than 1,000 people. It’s located within Saugatuck Township but is technically its own community. Because of its small size, Saugatuck itself doesn’t offer much to do, but the surrounding area has plenty of lakeside activities, outdoor recreation, and more.

Saugatuck's housing prices and overall cost of living are considerably higher than the national average. However, the city also offers below-average healthcare costs, a low crime rate, and a very high senior population—nearly 40% of the residents are age 65 or older.

Bay City

• Population: 32,082
• % of Population 65 and Older: 15.3%
• Median Home Value: $113,892
• Cost of Living (Compared to National Average): 16% lower
• Cost of Healthcare (Compared to National Average): 2% higher
• Crime Rate (Compared to National Average): 25% higher
• Amenities Score: D

Bay City is a small Michigan city located in Bay County, which is in the eastern part of the state near the base of the Saginaw Bay on Lake Huron. The city has the Saginaw River running through it, which offers much of its recreation. You’ll find several parks along the river, along with the local Riverwalk Pier. Just outside Bay City is the USS Edson - Saginaw Valley Ship Museum.

Bay City has just about everything retirees want in a city. Its cost of living is low, including housing and healthcare costs, which are below the national average. Despite being on the smaller side, the city has plenty of amenities. Its crime rate is in line with the national average.

The bottom line

Michigan offers plenty of benefits to retirees, including its low cost of living, outdoor recreation, and its mix of large urban centers and small towns with a strong sense of community. There are plenty of great options for someone looking to retire in Michigan, so it’s important to explore your options, including planning a trip to visit some of your top choices.

Choosing your dream retirement destination is only one piece of the puzzle. It’s also important to make sure your finances are in order. The Empower Retirement Planner can help you determine how much you’ll need to retire, identify how much you should save each month to retire on time, and tell you whether you’re on track to reach your retirement goals.