With inflated prices making retiring on a fixed income more difficult, the personal-finance website WalletHub today released its report on the Best and Worst Places to Retire in 2024, as well as expert commentary, to help people find an ideal spot to enjoy their golden years without breaking the bank.
WalletHub compared more than 180 U.S. cities across 45 key measures of affordability, quality of life, health care and recreational activities.
Best Cities to Retire | Worst Cities to Retire | |
1. Orlando, FL | 173. Fontana, CA | |
2. Miami, FL | 174. Wichita, KS | |
3. Minneapolis, MN | 175. Bridgeport, CT | |
4. Tampa, FL | 176. Fresno, CA | |
5. Fort Lauderdale, FL | 177. Detroit, MI | |
6. Scottsdale, AZ | 178. Newark, NJ | |
7. Cincinnati, OH | 179. Bakersfield, CA | |
8. St. Petersburg, FL | 180. Rancho Cucamonga, CA | |
9. Casper, WY | 181. Stockton, CA | |
10. Atlanta, GA | 182. San Bernardino, CA |
Best vs. Worst
- Pearl City, Hawaii, and Scottsdale, Arizona, have the highest share of the population aged 65 and older, which is three times higher than in Irving, Texas, the city with the lowest.
- Brownsville, Texas, has the lowest adjusted cost-of-living index for retirees, which is 2.4 times lower than in Honolulu and Pearl City, Hawaii, the cities with the highest.
- Irving, Texas, has the highest share of workers aged 65 and older, which is 2.4 times higher than in Gulfport, Mississippi, the city with the lowest.
- St. Louis has the most home health care facilities (per 100,000 residents), which is 29 times more than in New York, the city with the fewest.
To view the full report and your city's rank, please visit:
https://wallethub.com/edu/best-places-to-retire/6165