WalletHub conducted an analysis that ranks the best and worst states to retire. Analysts compared the 50 states and the District of Columbia across 24 key metrics, from adjusted cost of living to the number of entertainment options per capita to public hospital rankings.
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Telling findings: The adjusted cost of living for retired persons is highest in Hawaii, which is two times greater than in Mississippi, the state with the lowest. The annual cost of in-home services is highest in North Dakota, which is two times greater than in Louisiana, the state with the lowest.
The percentage of employed residents aged 65 and older is highest in Alaska, which is two times greater than in West Virginia, the state with the lowest. The percentage of the population aged 65 and older is highest in Florida, which is two times greater than in Alaska, the state with the lowest.The property-crime rate is highest in the District of Columbia, which is three times greater than in Vermont, the state with the lowest.
The number of museums per capita is highest in New York, which is seven times greater than in Utah, the state with the lowest.
Check out the rankings below:
Best States to RetireÂ
1 Florida
2 Wyoming
3 South Dakota
4 South Carolina
5 Colorado
6 Idaho
7 Texas
8 Montana
9 Nevada
10 Virginia
Worst States to Retire
42 Maryland
43 Alaska
44 New York
45 West Virginia
46 New Jersey
47 Vermont
48 Connecticut
49 Hawaii
50 District of Columbia
51. Rhode Island