Downtown street in Monroe, Wisconsin. Image credit Sandra Foyt via Shutterstock

7 Most Affordable Towns to Retire in Wisconsin

If you're looking for an affordable and charming town to retire in Wisconsin, you're in luck. Wisconsin is home to several towns that offer a blend of affordability, natural beauty, and vibrant community life, perfect for retirees. Each town provides a unique atmosphere, from rich cultural heritage and outdoor recreational opportunities to low crime rates and accessible healthcare facilities.

In this guide, we'll explore seven of the most affordable towns in Wisconsin to retire, each with its distinct appeal. We'll look at the cost of living, median home values, and notable attractions that make these towns ideal for retirees seeking a peaceful and fulfilling lifestyle. Whether you prefer a bustling town with a rich history or a serene lakeside retreat, you'll find a perfect place to call home in Wisconsin.

Sturgeon Bay

Canal in the town of Sturgeon Bay, Wisconsin
Canal in the town of Sturgeon Bay, Wisconsin

Sturgeon Bay, the county seat of Door County, is renowned for its charming waterfront community. With a median house price of approximately $400,000, it offers retirees a budget-friendly yet scenic lifestyle. The town’s picturesque setting between Green Bay and Lake Michigan provides abundant outdoor activities, such as fishing, hiking, and exploring the underwater caves at Cave Point County Park. Additionally, the Door County Maritime Museum and the Jim Kress Maritime Lighthouse Tower add to the town's unique charm, offering stunning views and a deep dive into the local nautical history.

Sturgeon Bay in Door County Wisconsin
Sturgeon Bay in Door County Wisconsin

Cultural enthusiasts will appreciate Sturgeon Bay's vibrant arts scene, including venues like the Popelka Trenchard Glass and the Millers Art Museum. The historic Third Avenue, with its architecturally significant buildings and the Third Avenue Playworks, further enriches the town’s appeal. Regular events such as the Sturgeon Bay Farmers Market and the Sturgeon Bay Fine Arts Fair provide a lively community atmosphere.

Marinette

Marinette, Wisconsin: Men and women ride bikes together on the sunset on the lake side to exercise in the evening
Marinette, Wisconsin: Men and women ride bikes together on the sunset on the lake side to exercise in the evening

Marinette, with a median home value of $180,000, offers an exceptional and affordable retirement destination on the shores of Green Bay. This serene town, known as the "Eagle Capital of the World," boasts a slower pace of life, perfect for those looking to enjoy their golden years surrounded by natural beauty. The low cost of living is complemented by the town's rich cultural and recreational opportunities. The Marinette County Historical Society Museum and the picturesque Stephenson Island Lighthouse offer glimpses into the area's storied past, while the Peshtigo River State Forest and local golf courses provide ample outdoor activities.

Dunlap Square Building in downtown, listed on the National Register of Historic Places
Dunlap Square Building in downtown, listed on the National Register of Historic Places, via By Bobak Ha'Eri - Own work, CC BY 3.0, (wikimedia.org)

In Marinette, retirees can relish the simple pleasures of life. Crisp, snowy winters are ideal for cozy evenings by the fire, while long, warm summers invite boating, fishing, and soaking up the sun. The fall foliage is spectacular, adding to the town’s charm. Marinette's genuine sense of community and friendliness create a welcoming atmosphere, making it an ideal place to enjoy a peaceful, affordable retirement. With three hospitals within a 25-mile radius and a low crime rate, Marinette ensures safety and healthcare accessibility, solidifying its status as one of Wisconsin's most affordable and attractive retirement towns.

Rhinelander

Rhinelander, Wisconsin, Downtown
Rhinelander, Wisconsin, Downtown. By Royalbroil - Own work, CC BY-SA 3.0, Wikimedia Commons

Rhinelander, nestled in north-central Wisconsin, is a hidden gem for retirees seeking affordability and charm. With a median home value of $300,000, it offers a cost-effective option for those looking to enjoy their golden years. This picturesque town, set against the backdrop of pristine Lake Rhinelander, provides ample opportunities for waterfront living and outdoor recreation. Known as "Hodag Country" after its mythical creature, Rhinelander’s unique character is celebrated throughout the town, including a giant Hodag sculpture on the Rhinelander Riverwalk. The Rhinelander Logging Museum Complex and the historic Rhinelander Railroad Depot offer glimpses into the town’s rich history, enhancing its quaint, small-town appeal.

Oneida County Courthouse in Rhinelander, Wisconsin
Oneida County Courthouse in Rhinelander, Wisconsin. Image credit: Royalbroil via Wikimedia Commons.

Retirees in Rhinelander can enjoy a vibrant community life with senior centers like the YMCA offering diverse activities from water aerobics to bridge clubs. The town's walkability and friendly locals create a welcoming atmosphere, perfect for those seeking a slower pace of life. With five hospitals within a 25-mile radius and low crime rates, healthcare and safety are well covered. The stunning natural beauty of the area provides endless opportunities for hiking, kayaking, fishing, and winter sports.

Monroe

Street view in Monroe, Wisconsin
Street view in Monroe, Wisconsin

Monroe, known as the "Cheese Capital of America," is a charming and affordable town for retirees, with a median home value of around $260,000. This quaint village in Green County is celebrated for its rich cheese production heritage, evident in the many local restaurants and cheese stores. Baumgartner’s Cheese Store & Tavern is a popular spot where you can savor some of Wisconsin’s finest cheese products. In addition to its cheese fame, Monroe boasts a thriving craft brewery scene, highlighted by Minhas Craft Brewery, which also features the country’s largest brewery memorabilia museum. The town's vibrant arts community, showcased at the Monroe Theater Guild, offers retirees various cultural activities and live performances.

Cheese Days festival in Monroe, Wisconsin
Cheese Days festival in Monroe, Wisconsin, By Corey Coyle, CC BY 3.0, (wikimedia.org)

Monroe’s Swiss heritage, preserved through Turner Hall of Monroe, adds a unique cultural flavor to the town. The hall serves as a cultural and community center, reflecting the town's history since its founding by Swiss immigrants in the 19th century. Retirees can enjoy the scenic beauty of the Badger State Trail, which offers stunning views of rolling hills and meandering streams, perfect for hiking and biking. The Green County Cheese Days Festival is a must-visit event, celebrating Monroe's cheese-making legacy with a variety of cheeses to sample. The architectural splendor of the Green County Courthouse and guided tours enhance the town's historical appeal.

Baraboo

The Ringling Theater building in Baraboo, Wisconsin
The Ringling Theater building in Baraboo, Wisconsin. Editorial credit: lynn friedman / Shutterstock.com

Baraboo has a median home value of approximately $300,000. Known as the hometown of the Ringling Brothers, Baraboo proudly showcases its circus heritage at the Circus World Museum, filled with vintage wagons, posters, and memorabilia. The town's friendly atmosphere is complemented by a vibrant craft winery and brewery scene, with local favorites like Von Klaus Winery and Al Ringling Brewing Co. enriching the community experience.

The Big Top Parade in Baraboo, Wisconsin.
The Big Top Parade in Baraboo, Wisconsin. Editorial credit: Aaron of L.A. Photography / Shutterstock.com

Outdoor enthusiasts will find Baraboo an ideal retirement destination, surrounded by stunning nature areas such as Pewit's Nest Gorge, Balanced Rock, and Baxter's Hollow. The awe-inspiring Devil's Lake State Park offers year-round recreational opportunities, including hiking, camping, bird-watching, kayaking, and angling. The International Crane Foundation, a sanctuary for rare cranes, adds to Baraboo's unique charm.

Rice Lake

North side of Rice Lake
North side of Rice Lake, Wisconsin

Rice Lake is an ideal spot to spend one's golden years, with a median house price of approximately $250,000. The Rice Lake Carnegie Library, a historic landmark, showcases the town's rich cultural heritage. Meanwhile, the vibrant downtown area, featuring unique shops and local businesses, provides ample opportunities for leisurely strolls and shopping.

Nature enthusiasts will find Rice Lake particularly attractive, thanks to its stunning natural surroundings. The town is named after the beautiful Rice Lake, which offers excellent fishing, boating, and scenic views. Nearby, the Red Cedar River and Blue Hills provide additional recreational opportunities, including hiking and bird-watching.

Shawano

Looking north at the Shawano Main Street Historic District in Shawano, Wisconsin along Wisconsin Highway 22
Looking north at the Shawano Main Street Historic District in Shawano, Wisconsin along Wisconsin Highway 22, By Royalbroil - Own work, CC BY-SA 3.0, Wikimedia Commons

Shawano is an idyllic and affordable town for retirees, with a median home value of around $200,000 and a cost of living significantly below the national average. The town is celebrated for its extensive aquatic recreation opportunities, thanks to Shawano Lake and the Wolf River. In the summer, Shawano Lake is a popular spot for swimming, while the Wolf River offers a variety of paddling adventures. The town's low crime rate, with only 1.41 violent crime cases per 1,000 residents, adds to its appeal as a safe and peaceful retirement destination.

Beyond its natural beauty, Shawano boasts a vibrant community life. The Shawano County Historical Society provides insights into the town's rich history, while the Shawano Wisconsin Flea Market offers a lively atmosphere for shopping and socializing. Retirees can enjoy the camaraderie of community events and gatherings. Additionally, the presence of numerous assisted living facilities, such as Shawano Place Senior Living, ensures that seniors have access to the care and support they need.

In summary, Wisconsin offers a variety of affordable and charming towns perfect for retirees. From the picturesque shores of Sturgeon Bay to the serene lakes of Shawano, each town presents a unique blend of cultural heritage, outdoor activities, and community spirit. With low median home values and a welcoming atmosphere, these towns provide the ideal setting for a fulfilling and peaceful retirement.

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