Pittsburgh, Pennsylvania – Retirement Guide

Pittsburgh, Pennsylvania   Retirement Guide

Not too long ago, industrial “Steel City,” as Pittsburgh was nicknamed, would not have made many — if any — top retirement lists. Today, after the collapse of the steel industry led to burgeoning high-tech and medical industries, the city shines on as one of the nation’s most affordable and interesting places to retire.

Pittsburgh lies at the confluence of the Allegheny and Monongahela Rivers, with a striking backdrop of looming hills. The town is home to a number of excellent universities and colleges, including Carnegie-Mellon, University of Pittsburgh, Duquesne and Chatham College.

As the city’s economy grows, cost of living remains slightly below the national average, while the median home price is well below $100,000. Many retirees choose to live in the residential North Side, or the East End, home to many of the city’s colleges.

City dwellers will find Pittsburgh to be a highly liveable town. The cultural benefits are many, including world-class museums like the Andy Warhol Museum, as well as the Pittsburgh Symphony Orchestra, the Pittsburgh Opera, the Pittsburgh Dance Council and the Pittsburgh Ballet Theater. Of course, as home to the Pittsburgh Steelers, Penguins and Pirates, you’ll find plenty of fervent sports fans.

Pros:Rich cultural and educational offerings, fun sports town
Con: Poor air quality, wet and cold winters

At a Glance
Best For: Urban dwellers
Population: 307,484
Cost of Living: 4.7% lower than national average
Median Home Cost: $78,200
Unemployment: 6.5%
Top State Income Tax: Flat 3.07% state income tax rate
Crime Rate: 15% higher than national average

This formerly industrial town is consistently being spruced up as former warehouse and factory sites are converted into trendy apartments, or shopping and restaurant districts. Additionally, retirees will find more than a dozen hospitals in the area, many of which are world-class.

As for negatives, winter in Pittsburgh can be cold and wet, though the city doesn’t receive much snow. Air quality in the city continues to pose problems.

Top Retirement Cities in Pennyslvania:  Pittsburgh

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