Nearly a full three-quarters, 74%, of older adults say cost of living will be the most important factor they will consider when deciding where to live in retirement, a Carewell survey of 1,001 Americans 45 years of age and older found.

While most Americans view owning their own home as a milestone in achieving the American Dream and living independently, nearly half of Americans 55 or older currently rent (28%) or plan to do so when they retire (19%).

The Carewell survey found that older Americans like the flexibility of renting and the relief from having to maintain a home, including paying taxes, repairs, and yard work. Some have even considered renting a good choice should they need to move to a retirement or assisted living community on short notice.

Sixteen percent of seniors plan to move to a convenient “15-minute city” in retirement, and 32% already live in one. Fifteen-minute cities or towns offer all essential services or amenities within a 15-minute walk or bike ride.

While people of all ages are gravitating to 15-minute cities, they may be especially appealing to seniors.

On the flip side, 89% of seniors say they plan to retire in place. Only 11% would consider relocating during their retirement years. Of this group, a surprising 14% would like to move as often as every few months.

Twenty percent would like to move closer to family during retirement, potentially to be nearer to their grandchildren.

Seniors’ top three dream cities to retire are: San Diego, Honolulu and New York.

Roughly one in five retirees ends up moving to a 55+ community. As to be expected, the most homes for sale in such a community can be found in Florida and Arizona, two states that attract “snow birds.”

Dallas has the most expensive homes in 55+ communities, averaging $1.18 million, and Glendale, Arizona has the cheapest, averaging $124,000.

Below please find a chart of the top 30 cities with 55+ communities, from the least expensive to the priciest.