San Luis Obispo, California – Retirement Guide

San Luis Obispo, California   Retirement Guide

Can’t decide between a beachfront or mountainside retirement retreat? Or perhaps you’re yearning to spend your golden years amidst rolling fields? Retirees attracted to but unable to decide among a variety of retirement locales may find their happy medium in San Luis Obispo, a town that lies mere miles from the Pacific Coast to its west, mountains to its east and sprawling vineyards to its north and south.

Situated between San Francisco and Los Angeles, this pristine town comes at a price; the cost of living here is 10 percent above the national average, and the median home price can reach nearly $500,000. Combined with California’s 13.3% top state income tax, a move to San Luis Obispo can be a financial stretch for many retirees. Still, if cost isn’t an issue, living here leaves you in proximity to a vibrant downtown filled with shops and restaurants, as well as ample outdoor activities like hiking, biking and wine tasting.

Retirees interested in continuing education courses can indulge in learning at California Polytechnic State University, located in town. Culture lovers can get their fix at the town’s Performing Arts Center or the San Luis Obispo Art Center.

Pros: In proximity to beaches, mountains and vineyards; excellent year-round weather
Con: Median home prices are nearly double the national average, high cost of living

At a Glance:
Best For: Well-heeled retirees
Population: 45,525
Cost of Living: 10% higher than national average
Median Home Cost: $499,500
Unemployment: 7.5%
Top State Income Tax: 13.3%
Crime Rate: 21.8% lower than national average

History buffs enjoy visiting the central Mission San Luis Obispo de Tolosa, also known as the Mission Plaza, one of the nation’s premiere examples of Spanish Mission Architecture.

Weather is typically pleasurable in SLO. The town enjoys warm, dry summers and mild but somewhat wet winters. Additionally, 2 well-regarded medical centers are located in town, though residents can commute to Los Angeles or San Francisco if they desire.

Top Retirement Cities in California:  Eureka Palm Springs | San Diego | San Luis Obispo

Photo by lastorset via Flickr. All statistics were up to date as of publication. See these sources for the most current data.