# American retiree migration and cost trends

> Live situation record from CLSTR: https://clstr.news/situations/american-retiree-migration-and-cost-trends
> Updated: 2026-08-25T10:00:58.000Z. Sources: 6. Developments: 2.

Data indicates that the United States is one of the most expensive locations for Americans to retire globally, ranking fifth with an estimated cost of $738,000, trailing behind nations such as Singapore and Iceland. Experts note that successful retirement requires accounting for factors like healthcare, taxes, and currency fluctuations.

This high cost of living is driving migration trends within the country. Major metropolitan areas are seeing significant departures of seniors; New York City recorded a substantial net loss of 23,874 individuals aged 60 and over, while Los Angeles also experienced a notable decline. These shifts are largely attributed to high housing costs and property taxes affecting those on fixed incomes.

## Timeline

### 2026-08-25: U.S. cities see significant retiree departures due to rising costs

Retirees are increasingly leaving major U.S. cities like New York and Los Angeles due to rising housing costs and property taxes, according to recent migration data.

3 sources. https://clstr.news/cluster/us-cities-see-significant-retiree-departures-due-to-rising-costs

### 2026-08-20: Global retirement costs vary significantly for Americans

Estimates show the U.S. is among the most expensive places for Americans to retire, costing approximately $738,000, while experts emphasize planning for healthcare, taxes, and lifestyle changes when moving.

3 sources. https://clstr.news/cluster/global-retirement-costs-vary-significantly-for-americans

---
Cite as: American retiree migration and cost trends. CLSTR, https://clstr.news/situations/american-retiree-migration-and-cost-trends