Talk of The Villages Florida - View Single Post - Can incoming seniors afford retirment in The Villages?
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Old 10-03-2017, 05:29 AM
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Schaumburger Schaumburger is offline
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Location: Schaumburg, IL - Chicago suburb - TV Wannabee
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Originally Posted by JSR22 View Post
Affordability depends on how much money you saved and where you moved from. We moved from NJ and our property taxes went from $12,000 to $2200. Utilities, car and home
insurance and restaurants are less expensive. I know people who have moved from the Midwest and it was less expensive living there. We are here 5 years and feel TV is a good value. Additionally, the price of golf is much cheaper than belonging to golf clubs up North.
In the Midwest, it depends on where you live. I live in suburban Chicago, a fairly high cost of living area, especially property tax wise. In the northwest suburbs of Cook County, a single family home is minimum $180K (and that would most likely be an older, "fixer upper" home) I believe Illinois property taxes are the 2nd most expensive in the U.S. My dad lives in a smaller city in eastern Iowa. The cost of housing and property taxes are much lower . . . you can still get an older single family home in eastern Iowa for under $130K.

Property taxes are a big concern for me, especially looking down the road 10 years. Illinois property taxes will eventually price the state out of the market for me. Wherever I end up in my golden years, cost of living, property taxes and snow free climate will be key factors.

As far as the size of The Villages, I have lived in the Chicago area for 37 years, so dealing with traffic and crowds is nothing new for me. I can understand though, why some long-time Villagers may be less than happy with the expansion of TV, especially the growth/expansion in the past decade.
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Born and raised in Dubuque, Iowa. Chicago 1979 to 1986. Northwest Suburbs of Chicago - Schaumburg since 1988.

Last edited by Schaumburger; 10-03-2017 at 06:02 AM. Reason: typo