Why I Might Retire in Silver City, New Mexico
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- Опубліковано 30 лип 2024
- #SilverCity, #NewMexico is located on the edge of the Gila National Forest. Silver City is located at the southern foot of the Piños Altos Range of the Mogollon Mountains. About 10,000 residents live there.
Silver City was founded as a mining town in the summer of 1870. It is about a 2.5-hour drive from El Paso, Texas, a 3-hour drive from Tucson, Arizona, and a 4-hour drive from Albuquerque, New Mexico.
Silver City is the county seat of Grant County, New Mexico, and is home to Western New Mexico University (WNMU), the Silver City Museum, the Silver City Visitor Center, multiple parks and natural areas, and a surprisingly large number of art galleries.
Silver City warrants strong consideration by people interested in #GeographicArbitrage, because its overall cost of living is about 20% lower than that of the United States as a whole. (Geographic arbitrage, or geoarbitrage, means relocating in order to save money.)
The Silver City, New Mexico area was once an Apache camp site. It became a mining center in the late 1800's. Today, Silver City has a reputation for being a center of outdoor recreation, and for having a surprisingly large number of art galleries.
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I live near Silver City. As a retired person, I think a major disadvantage with the city is very limited health care, especially a shortage of specialists. I'm helping out a friend with heart problems and lung cancer. We have to go to Las Cruces several times a month.
That's a good point. Living in a remote area makes healthcare more difficult. Good to hear that your friend is getting good healthcare in Las Cruces. Best wishes.
WEATHER IS FANTASTIC, NEVER REALLY COLD IN WINTER AND ABOVE THE HOT HOT DESERT HEAT. LOW HUMIDITY. GREAT FOR OUTDOOR ACTIVITIES.
Great summary of Silver City's advantages! Do you ever feel like Silver City is too small for your needs?
Thanks for sharing
Wife & I lived in Silver City in 74-75...just about the time that both the Santa Rita and Kennicott copper mines were still major employers there....that's all history now! Great place to retire if you have outside income. I also attended Western NM Univ. for a short time. The copper mines drove a LOT of people out of the area when they failed. We used to go to El Paso fairly often to shop. If you take the right route (back roads AND interstate) the distance is more like 100 miles (give or take). We used to make it there in just over an hour. We had a huge Mercury Marquis with a 460 engine and did NOT obey speed limits! haha
Thanks for your evaluations. Note that at 2:58 or so, you display an employment chart labeled Springfield Missouri. !!
Shoot! I suspected that was going to happen eventually due to my templates. Thanks for the alert.
I've now blurred out the error. Thanks again for alerting me.
IN 2005 I BOUGHT A NICE HOUSE ON THE EDGE OF THE LOCAL GOLF COARSE FOR $125,000. Renovated and made a wonderful place
Wow, that's a great price--even for 2005! And yes, when homes are that inexpensive (the cost of most homes is still very low in Silver City), renovating an older home into one that seems newer is very realistic.
Just returned from Silver City and I would love to retire there. But grandchildren keep me anchored where i am. But I visit New Mexico whenever I can.
Thanks for sharing this! What did you like about Silver City?
@@multicollinearityfi We went to Catwalk National Recreation Trail, Gila Cliff Dwellings, Fort Bayard, and hiked about 15 miles on the Continental Divide Trail. Silver City was a very quaint town with an Albertsons (which we love) and very nice people. My wife and I just love all of New Mexico.
@@1121gsm You're making us jealous! Sounds like a great trip!
Hello, I just found your video about Silver City NM. Thx u for ur perspective.
Did u end up retiring there & if you live there now, has Silver City changed much since u had been there? How's finding a place to live there? Buying land, or housing? Thx u in advance for any inputs u can provide. 🙏🏽
i am curios- are you from Nor Cal? It just feels like you are sir- would love to know as have watched several of your videos. Thanks- Robert
Helpful, but I spent a few weeks there looking for a moderately priced home, or even some land that didn't have too many restrictions yet was adequate to build on. I found neither. The Gila healthcare facility was pretty underwhelming when I sought treatment there. There is also a less desirable part of town; also true of some nearby locales. Also heard bad things about the schools from a realtor who removed their kids and is home schooling v. subjecting their kids to a substandard school system. SC has a long way to go to be a really desirable retirement or living destination.
I would suggest Green Valley, Arizona for an excellent retirement area. It is close to the Tucson area but far away enough to not feel overtly 'urban'.
big bucks! buying a home there is not affordable.
I'm going to check out Silver City next week. Where are you living currently because I wouldn't consider SC having hot summers. I saw you also had IL on your list. I grew up in that area and the humidity is awful in the summer.
Cool! I hope you'll return here and tell us what you thought of Silver City.
Yes, Midwestern and Southern states like Illinois, Missouri, and Tennessee all have brutally humid summers. But that's what keeps the landscape lush, so we all have to choose the set of pros and cons we like best.
@@multicollinearityfi Your assessments were fairly accurate except for the housing. Everything is pretty old and most look like they will need some TLC. I did not see any newer developments so if you like new housing, SC isn't it, unless you want to build your own home. If you want something nicer I think you are looking at 250K on up, and it goes up fast. Rentals are pretty reasonable but then again it won't be anything newer.
The historic downtown had a pretty cool vibe, not overly touristy. It's actually a place a local could hang out. There is a descent bike scene there, road and mountain. Clear air, blue skies and nice dark skies to view the milky way. SC has most the things one would need. 3 grocery stores, sorry no Sprouts or Whole Foods but the do have a Food Co-Op downtown. If you need more I would personally drive to Tucson over Las Cruces and El Paso just because it would be a prettier drive.
Silver City will have all four seasons with mild winters and summers. Of course there will be days that are exceptions. I have lived in Tucson and now Las Cruces so the heat would not be a problem whatsoever. I think SC would be a very nice place for the outdoor person and I think I will give it a try for a year or so.
@@schadlarry Larry, this information is super helpful! Thanks for posting it for us.
So a person moving to Silver City should prepare to live in an older home, or pay quite a bit if they insist on living in a newer home.
I agree that SC is an excellent choice for an outdoor person.
Thanks again!
What choice did you make? We've lived in Silver for 12 years now.
New Mexico as a whole was recently vetoed by my spouse, but we still plan to visit often. I envy you!
I checked this place out, the home's that were affordable needed fixing up the others cost 700.000 to well over a million, the only grocery store there was a super Walmart. Many restaurants there were open from Wednesday through Sunday, these other towns or cities you spoke of nearby are long drives and the last thing I want to mention are the open mines in every direction.
Good to know, Mac. Thank you. What did you think of the access to outdoor activities?
Not true, silver city has Albertsons and two food baskets to shop…..
@@richphish791 Very glad to know this, Rich. What do you think of Food Basket? Good quality and prices or not? Thanks.
One food basket in Silver itself, and the other is in Bayard. Albertsons is almost just across the highway from Walmart
@@abbyryan788 Very helpful to know, Abby. Thanks.
Thinking about moving to silver city. I just need to see how the schools are.
The schools are horrible of particular note are the Cobre Consolidated Schools. Depending on who you read, NM is 49th or 50th in education....and it shows. The bottom of all the good lists and the top of the bad ones,
NM in general has horrible public schools.
I think that you are sugar coating the winters there. You mention average high of 52 In January, but do not mention the average January lows of 24 degrees. (I don't know if you consider that cold???) It has a Walmart there, what else do you need that Silver City doesn't have??
That's a great point about the winter lows. If people go out in the morning in January, they should expect some frigid temperatures.
Any great fishing lakes up there?
There are 3, but I don't know how good the fishing is . I sail.
You can get a nice home for 1 million or so,,, very affordable city,,,, not bad on drugs and crime as of yet !
Do you think things are getting worse or better in Silver City?
@@multicollinearityfi I AM seeing those from other countries pouring throughtout NM, who are crimanls, gang members, etc who knows, If ur passing thru should be ok, just dont hang around.
@@tigeralderman283 This is what is keeping me from taking the trip. I was going to make this my last winter in Vermont, it is long and cold. I was planning to go to New Mexico. But with the Biden administrations wide open border and lawlessness, I no longer feel safe to travel alone.
@@harriettemacy7399 totally understand that, criminals are pouring in here in NM, and will be filtering up to the other states soon, of not already, scary country coming very quickly.
@@tigeralderman283 We have a huge influx of immigrants in my small city here in Vermont. I am pro immigration but this is not fair to those who spend years of investment, money, cultural assimilation and hard work to become Americans.
Also the terror alert is getting higher, they don'r mention this news. Worst administration ever.
God bless, peace and all my best to you Tiger🌄
new mexico wont work if you need dentist and dr visits. its gorgeous but the services are just not there. residents must travel to AZ to see a decent dentist.
A poor choice for any with children, education here is dismal! As it is in the whole state.
Sierra Vista is close .
Great point. What do you love about Sierra Vista?
Sshhhhh, it's a secret.
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videos like this, it won't be a secret long
Yeah, what my analytics tell me is that my New Mexico videos are appealing to a surprisingly large number of people who are out searching for information about this beautiful state. My videos about retirement destinations in other parts of the country are highly similar (always focused on a low-cost area in the U.S. near natural beauty) but somewhat less popular.
New Mexico seems to be extremely popular all of a sudden.
How is climate change affecting people's retirement plans?
Are you adjusting around concerns about drought, wildfires, and increasing temperatures?
dont be afraid of the invisible bogeyman brother. all the democrats pushing the climate change hysteria fly private jets regularly and own oceanfront homes (not something I'd do if I was really scared of water levels rising as they love to claim)
Climate change is a hoax. Learn to think for yourself
Ok, let's get down to priorities. Where's the nearest Walmart?
Old people need an excellent hospital close by. Don't kid yourself. I found New Mexico to be very hostile towards Anglos. That was enough for me to not stay there.
That's an interesting point of view.
What do you think of the Gila Regional Medical Center?
By the way, there are more than a million European Americans who live in New Mexico (~82% of the population), and most of them like it well enough to willingly stay, and lots of them consider themselves lucky to live in NM.
@@multicollinearityfi My concern with Silver and Grant County in general is that much of the economy is supported by the mines. It employs ~ 15% of the population, which is only ~ 28K. I'll be retired in a few years if I ever moved to NM from NY (BIG change I know), but if that mine ever seriously downsizes, not to mention closes, Grant could be a ghost county in a week. Their retirement community, however apparently rich enough to afford ~2K sq ft homes in so-so condition or build quality that average > $500K, is likely too small to make up for lost revenue. I discussed the lack of economic diversity and the general failure of Silver and Grant elected officials to attract and retain investors and skilled professionals as well as retaining local college grads with the editor of the local newspaper. She said there's general concern about the future of the mines but that talks among decision makers have yet to produce tangible solutions to spur economic growth.
Latinx? You just offended every Spanish speaking person.
Do it