The best US states to retire in — and the worst

farm old woman

  • A study by Bankrate.com analyzed the best — and worst
    — US states to retire in.
  • Multiple factors were considered, including
    affordability, wellness, weather, culture, and crime.
  • The study found that Nebraska was the best state to
    retire in overall, ranking 8th in wellness and 14th in
    affordability. Nebraska also scored in the top 25 for crime and
    culture.
  • Maryland was ranked as the worst state to retire in —
    it ranks in the bottom 15 for affordability, culture, and
    wellness.
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When it comes to having a happy retirement, the state you live
in may affect more than you realized. While some retirees choose to
stay in the same state, others may want to move somewhere with
nicer weather or better affordability.

The experts at
Bankrate performed a study
to analyze the best and worst US
states to retire in. They considered multiple factors including
affordability, wellness, weather, culture, and crime. These
categories were weighted according to importance in the life of
retirees — affordability (40%), crime (5%), culture (15%),
weather (15%) and wellness (25%).

Read more: Here’s exactly
how to figure out when you can retire

The study found that Nebraska was the best state to retire in.
Nebraska ranked in the top 15 for qualities like wellness (No. 8)
and affordability (No. 14). Nebraska also scored in the top 25 for
its low crime rates (it tied for No. 9) and culture (No. 21).
Nebraska ranked in the bottom half for weather, landing at No. 30.
Other states that were placed as the best US states to retire in
were Iowa, Missouri, South Dakota, and Florida. 

The worst states to retire in are Maryland, New York, Alaska,
Illinois, and Washington. According to Bankrate’s metrics, Maryland
ranked in the bottom 15 for affordability (4th worst), culture (9th
worst) and wellness (tied for 13th worst). The state ranked highly
for its weather, landing at No. 18. 

Affordability was determined according to the 2019 Cost of
Living Index from the
Council for Community and Economic Research
, while culture was
calculated by analyzing the number of arts and recreation
establishments per capita. To determine the rankings for weather
and crime, Bankrate analyzed average temperatures and crime rates.
Wellness was calculated by determining the average number of
businesses offering services to older or elderly people per
capita. 

To see how your state ranks in affordability, wellness, weather,
culture, and crime, check out Bankrate’s
interactive tool

SEE ALSO: How
to retire early so you can work, travel, and relax on your own
schedule


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The best US states to retire in — and the worst