Brighton is the priciest city for pensioners while Cardiff is the cheapest.
Over six in 10 over-55s living in cities worry about the cost of staying put, Key Retirement research shows.
Brighton is the priciest city for pensioners while Cardiff is the cheapest.
Dean Mirfin, technical director at Key Retirement, said: “Moving out of the city to save money can make financial sense but it is not an easy decision to make in retirement with the costs of moving as well as the risks of losing touch with family and friends to consider.
“But apart from all that, quite simply most people like where they live and want to stay there if they can afford it despite the rising costs.
“Property wealth can make a major contribution to increasing retirement income and enabling pensioners to strike the balance between living where they want and being financially comfortable.”
