Best Retirement State

Best Retirement State

I am retired, so should I be thinking about what state I should be living in? One of the best part of the United States is the differences of each state. Taxes, Healthcare, Cost of Living, Climate, Crime, Housing, and Quality of Life are all factors to consider.

I aggregated the data from Moneywise, Motley Fool, Seniorly, Bankrate, Retirement Living, and Wallet Hub to get a better look at where I should consider moving.

RankStateAVGMINMAX
1Florida11.0141
2Pennsylvania11.8520
3Wyoming13.2145
4South Dakota14.3539
5Minnesota15.3227
6Maine16.2234
7New Hampshire16.5143
8Wisconsin16.8536
9Delaware17.7535
10Iowa18.0827
11North Dakota18.2840
12Idaho18.3531
13Utah19.5739
14Virginia21.01041
15Ohio21.21529
16Michigan21.71332
17Missouri21.71132
18West Virginia21.7243
19Montana22.7247
20Rhode Island22.7644
21Vermont22.7448
22Nebraska22.8246
23Colorado23.2337
24North Carolina23.3440
25Indiana23.71540
26District of Columbia25.5150
27Georgia25.7948
28South Carolina26.2144
29Connecticut26.71344
30Oregon27.51439
31Maryland28.7345
32Tennessee28.7843
33Alaska29.0451
34Nevada30.31446
35Texas30.3649
36Arizona31.01842
37Mississippi31.0548
38Alabama31.5350
39Kansas31.51249
40Illinois31.82438
41Kentucky32.51050
42Massachusetts33.31648
43Arkansas33.51747
44New Jersey35.0951
45Oklahoma35.5748
46Louisiana35.82350
47Hawaii36.32550
48New Mexico36.31750
49Washington38.02947
50California39.82149
51New York42.03049

What Did I learn? Very little.

The average Standard Deviation was 14.6. An insane number. Usually when I aggregate rankings, there is a good amount of agreement, especially near the top.

Florida was the winner, but it had an average ranking of 11. The District of Columbia was only ranked on two sites, one had them at 1 and the other at 50.

I was also frustrated to see that a state I have considered retiring to, Washington, was the third-worst state and didn’t finish in the top half of any list.

I now know that I need to create my own scoring metric for my unique situation.

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