OUR METHODOLOGY: We added each state's retirement rankings from Bankrate, WalletHub and MoneyRates to create scores out of a possible 150. The higher the score, the lower the state ranks as a retirement destination.

25. Colorado

The Rocky Mountains near Aspen, Colorado glow in the light of the morning sunrise, as the mountains and trees reflect off the lake.
Earth Trotter Photos / Shutterstock
The surroundings in Colorado can be spectacular.

Score: 74

Colorado offers spectacular scenery, fresh mountain air, breweries, skiing, big-city amenities and small-town charm.

Health care quality is high, and so is the overall quality of life. So what's not to love about the Centennial State? (Which achieved statehood in 1876, when the nation was 100 years old — hence the nickname.)

Bankrate says Colorado's cost of living is on the high side. The median home price in Denver at the end of 2019 was a relatively steep $458,000, according to the National Association of Realtors. Plus, AARP says the state is one of 13 that may tax your Social Security benefits.

Colorado also winds up among the worst states for its often unforgiving weather. "It is not uncommon to have 70 mph winds with any storm," writes Colorado resident John Jamieson, on Quora.

24. Pennsylvania

Independence Hall in Philadelphia, Pennsylvania, USA.
Sean Pavone / Shutterstock
Philadelphia is a haven for history buffs.

Score: 75

Pennsylvania has a livable four-season climate with blossomy springs, hot and humid summers, pleasant and colorful autumns, and honest-to-goodness winters.

The Keystone State features a major-league city on either side and a lot of beautiful country in between. Pittsburgh has San Francisco-style hills, lots of history and good entertainment options. Philadelphia also offers plenty of history, plus top-notch health care, good public transportation, a major international airport and walkable neighborhoods.

But Pennsylvania isn't as affordable as many other states, according to both Bankrate and WalletHub. You'll want to work with a financial planner to help you stretch your retirement dollars here.

"Pittsburgh taxes are expensive, writes one Reddit user. "And taxes in Pennsylvania as a whole are pretty sucky. It seems like the farther you move out from the city, the taxes decrease, but the cost of real estate goes up."

21. (tie) Maine

Senior man paddling a canoe with second canoe, calm waters and autumn colors in background.
Warren Price Photography / Shutterstock
Maine is a state of natural beauty.

Score: 77

Maine's charming communities and beautiful scenery might make it an ideal retirement destination. The Pine Tree State offers quiet country pastures, lush forests, gorgeous coastline, and some of the safest cities and towns in the country.

But rising prices are putting pressure on retirees' bank accounts, and you have to be willing to put up with the often harsh climate.

Bankrate ranks Maine 48th out of 50 for its weather, which includes humid summers that bring out more than 40 species of mosquitoes, and long, cold, snowy winters.

"I would suggest procuring some assistance with snow removal, and plan to get snow tires, plan to have your home assessed for our weather, plan to pay more than you have for your heating bill," writes Mainer Crystal Laplante, on Quora.

21. (tie) South Carolina

View of Myrtle Beach South Carolina
StacieStauffSmith Photos / Shutterstock
South Carolina has wonderful beaches.

Score: 77

South Carolina boasts gorgeous beaches, good golfing, lovely countryside drives, and lots of Southern history.

But the Palmetto State has a few drawbacks for retirees, namely in terms of health care and living standards.

Bankrate says South Carolina ranks last for the wellness of its seniors, and WalletHub scores it low for quality of life.

The state gets a good grade for its weather, though that's not everyone's cup of sweet tea. "The heat is absolutely monstrous in the summer," writes Reddit user superflippy. "Just make sure that wherever you live has good air conditioning."

21. (tie) Kentucky

LOUISVILLE, KENTUCKY, USA - APRIL 3 2016:   Entrance to Churchill Downs featuring a statue of 2006 Kentucky Derby Champion Barbaro.
Thomas Kelley / Shutterstock
The Kentucky Derby focuses the world's attention on Kentucky every May..

Score: 77

Kentucky is home to free-flowing bourbon and the spectacular Red River Gorge, and the state draws international attention every year for the pageantry and pulse-quickening excitement of the Kentucky Derby.

Costs and crime rates are low, but WalletHub ranks Kentucky No. 50, the very worst state for retirement, because it says health care and the overall quality of life in the Bluegrass State are poor.

And all that pretty grass gives off so much pollen that Kentucky is known as the allergy capital of the U.S. It’s also a runner-up for first prize in the category of "crushing humidity."

The pace of life here can be slow — too slow for Kentuckian Tiffany Bridgeman, on Quora: "If I want anybody to come out to, say, do some work on plumbing, I have to call on a Monday to perhaps get somebody to come out on a Friday or next Tuesday. It takes a month to get a doctor’s appointment and a week to ask for a refill."

19. (tie) North Dakota

A snowstorm passes thru fargo, North dakota in winter.
FiledIMAGE / Shutterstock
Winters are frigid in Fargo, North Dakota.

Score: 78

As anyone who has seen the movie or TV series Fargo knows, North Dakota winters can be brutal. Do you want to spend a big chunk of your retirement years buried under sweaters and blankets?

Bankrate says the weather here is second-worst for retirees, after Alaska.

"My grandfather used to joke that North Dakota had two seasons, this winter and last winter," says Quora commenter Raymond M. Baesler, who says he lived in Minot, North Dakota, for five years.

If you can handle the cold, North Dakota has some advantages for seniors. Though the state taxes Social Security benefits in at least some cases, the cost of living here is low, and the health care system in the state scores high.

19. (tie) West Virginia

White water rafters
Jamie18 / Shutterstock
West Virginia offers plenty to do outdoors, including whitewater rafting

Score: 78

Mountainous West Virginia offers outdoor activities galore, natural mineral springs and spas — and some of the lowest living costs in the U.S. In the capital, Charleston, the median selling price for a home is just $133,200, according to the National Association of Realtors.

You're likely to make lots of friends if you decide to retire here, because the state has one of the highest percentages of residents 65 or older, behind only Florida and Maine, according to MoneyRates.

And here's another plus for seniors in West Virginia: The state has begun a three-year phaseout of its tax on Social Security benefits.

But while health care is affordable here, West Virginia has some of the worst patient outcomes nationally. WalletHub ranks it last among the states for health care quality, and Bankrate puts its 39th among the 50 states for senior wellness.

18. Massachusetts

The architecture of Boston in Massachusetts, USA in the winter season showcasing the Boston Public Garden at Back Bay.
Marcio Jose Bastos Silva / Shutterstock
Boston winters can be snowy.

Score: 80

If you’re willing to cheer for Boston no matter the sport, and if you're seriously into American history, Massachusetts could be a perfect retirement location.

The state is well known for its excellent health care, but costs can be high and winters can be rough. Homes in metro Boston are selling for a median $482,800, and winter snowfall totals across Massachusetts typically hit 100 inches.

"As you get older, you will have to figure out how somebody besides you is going to shovel you out of your house in the winter so you don’t risk a heart attack doing it," writes former Massachusetts resident Anne Agard, on Quora.

But when temperatures drop below freezing, you can always warm up by having a bowl of Boston clam chowder, a local delicacy.

17. Tennessee

Banjo player in the country band
michelangeloop / Shutterstock
Tennessee is the perfect retirement state for music fans.

Score: 88

Tennessee might the ideal spot for music fans to settle down. But the Volunteer State also hits a few sour notes as a potential retirement destination.

It boasts two cities that helped define the music industry: Nashville is the center of the universe for country music, and Memphis is home not only to bluesy Beale Street but also to Graceland, Elvis Presley’s iconic estate.

Additionally, the state gives us Tennessee barbecue, a dry-rub style that will tickle any foodie’s taste buds. Plus, it scores well for affordability. In Knoxville, the median selling price for a home is just $209,400.

But WalletHub ranks the state 48th for quality of life, and FBI data shows Tennessee is among the worst states for violent crime.

15. (tie) Georgia

Skyline of downtown Atlanta, Georgia.
ESB Professional / Shutterstock
Most Georgians live around Atlanta.

Score: 92

Though Georgia covers over 59,000 square miles, most of its population is concentrated in the northern part of the state, around Atlanta.

Residents in that densely populated and often congested area have city living, major league sports, a major international airport, sedate rural areas and the ocean all within reach.

But it can be harder to find things to do across much of the rest of Georgia. Bankrate ranks the Peach State all the way down at No. 45 when it comes to culture.

The state's weather extremes can be a challenge, too. "Our weather in North Georgia is just about freezing or below at times and at 98 or above at times," writes Georgian Ellen Lawson, on Quora. Blizzards, tornadoes and hurricanes are all common in the Peach State.

15. (tie) Mississippi

A pusher boat in the Mississippi River near the Vicksburg Bridge in Vicksburg, Mississippi, USA.
Peek Creative Collective / Shutterstock
Mississippi greets retirees with warm weather and a very low cost of living.

Score: 92

If you retire to Mississippi, you'll be greeted by generally warm, pleasant weather, delicious Southern cooking, the lovely flowering trees that give the Magnolia State its name, and a very low cost of living.

But while you won't have to spend much here, Mississippians don't earn much either. It's a poor state with the lowest median household income, according to recent census data: $42,781.

The retirement research studies rank Mississippi near the bottom for both quality of life and health care, and the state doesn't score well for cultural amenities either.

"It's extremely slow and feels like it's behind the times," says former resident Marla Jackson, on Quora. "There isn't a lot to do (at least where I lived in Southwest Mississipi)."

14. Minnesota

Minneapolis downtown skyline in Minnesota, USA at sunset
f11photo / Shutterstock
You'll find a variety of things to do in Minnesota.

Score: 97

Those who retire to Minnesota can expect to find excellent medical care (the Mayo Clinic is based here) fun festivals and fairs throughout the year — and chilly winters that seem to last forever.

"Minnesota does have long winters," writes Minnesotan Alicia Bayer, on Quora. They are brutally cold (far below zero many days of the year) but they also stretch on. The first snow often hits in October and it's not unheard of to have the last snow in May. It gets old."

While Minnesota gets low marks for its punishing weather, WalletHub names it the No. 1 state for both quality of life and health care.

But the cost of living is relatively high here, and Minnesota collects taxes on retirement income. Social Security is taxed for some beneficiaries, but the state legislature is considering whether to end that practice.

13. Illinois

Chicago, Illinois. Even in the city, there's so much green.
JaySi / Shutterstock
There's so much green, even in Chicago

Score: 102

Chicago is Illinois’ cultural hotspot, but the state also features peaceful suburbs, a wine trail, and beautiful lakes and cottages just right for retirees seeking to unwind.

So why is the Prairie State among the worst for retirees? The state is not considered very affordable. Illinois property taxes are notoriously high, and state and local sales taxes add as much as 11% to the cost of a purchase.

Plus, it's not the most healthy state: Bankrate says Illinois ranks 49th for wellness. (Maybe that has something to do with the popularity of deep-dish pizza here?)

And we haven't even mentioned the weather. Summers bring high temperatures and humidity, and the winters are known for their bone-chilling cold and biting snowstorms. "The best place to be in Illinois is leaving," says former resident Mark Madison, on Quora.

12. Connecticut

A beautiful Autumn morning in Shelton, Connecticut, USA.
LBSimms Photography / Shutterstock
Connecticut is spectacular in the fall.

Score: 103

Connecticut is known for its small-town New England charm and its spectacular shows of color during the season for autumn leaves.

Retirees will appreciate the Nutmeg State's high-quality health care, which is reflected in the high level of wellness among Connecticut seniors.

But prices and taxes can be stiff here, so to get by in Connecticut you'll need the help of a financial planner. Those services are more affordable than you might think and are even available online now.

Connecticut resident David Dill writes, on Quora, "Taxes are very high. Between car taxes, gas taxes, income taxes, property taxes, estate taxes, corporate taxes it just never ends." Older residents are getting some relief, as the state is phasing out its tax on Social Security and other retirement income.

11. Oregon

Portland, Oregon
Sean Pavone / Shutterstock
Portland, Oregon

Score: 108

Nature lovers are drawn to Oregon for its snowcapped mountains, misty forests, crystal-clear lakes, alluring Pacific coastline and magnificent rivers and waterfalls. Other attractions include the state's hundreds of wineries and breweries — and the famously weird hipster culture in Portland.

But Oregon's popularity is helping to drive up costs, making the Beaver State an expensive retirement destination. The three retirement research studies we looked at give Oregon low marks for affordability.

The median selling price for a house in the Portland metro area is a not-cheap $410,900. Think you'd rather rent? A report from the National Low Income Housing Coalition found renters earning an average full-time wage can’t afford a one-bedroom apartment in Oregon.

"If you want to retire in Portland, I hope you are making good money in your retirement," says former longtime Portland resident Geoff Arnold, writing on Quora. "No, seriously, if you aren’t clearing around 4–5 grand a month — forget it."

10. Louisiana

Spanish moss in the Louisiana Bayou
Pierre Jean Durieu / Shutterstock
Louisiana's bayous are hauntingly beautiful.

Score: 112

In Louisiana, the people are lovely, the food scene is fantastic, the music is amazing, and the natural surroundings are awe-inspiring. Sounds like a fabulous place to retire, right? You may want to think twice.

Sales taxes can be as high as 11.45%, the state's murder rate is the highest in the nation, and Louisiana scores poorly for health care quality.

"I've lived here all my life and i HATE IT," says Quora user Delani Lass. "It is horribly hot in the summer. (100 degrees with 100% humidity) Summer lasts from April until September/October. It gets cold once a week for two whole days, then it warms back up."

And don't forget about the hurricanes.

9. California

Beach at Redwood National Park, California
Zack Frank / Shutterstock
Beach at Redwood National Park, California

Score: 116

California offers retirees beaches, mountains, wine areas, and bustling cities bursting with cultural amenties. And all of those things come with high price tags.

Bankrate says it's the one of the least affordable states, and the astronomical housing prices are a major reason. The California Association of Realtors says the median selling price for a single-family home statewide is close to $600,000.

California doesn't tax Social Security, but all other types of retirement income are fair game. Depending on where you're shopping, the sales tax can be as high as 10.25%.

More than half (53%) of Californians think about fleeing the state to get away from the high costs, a 2019 survey by Edelman found.

8. New Mexico

Market Scene in Santa Fe New Mexico
Nelson Sirlin / Shutterstock
New Mexico is famous for its colorful Southwestern culture.

Score: 118

New Mexico is known for its colorful Southwestern culture, its zany local festivals and its amazing Mexican-inspired food. The state's rugged beauty will beg you to stay and settle down — but it might be better to just visit.

Social Security, retirement account distributions and pension payouts are all taxed here, and WalletHub says the state nicknamed the Land of Enchantment gives retirees a substandard quality of life.

"New Mexico is a relatively poor state so prices for land and houses are low, as is the general cost of living, but this also means a relative paucity of amenities," says Quora commenter William Hembree. "Albuquerque is the only really large city if you’re looking for a more urban lifestyle."

And maybe the producers were right to choose New Mexico as the setting for Breaking Bad and Better Call Saul, because Bankrate says the state is one of the worst for all types of crime.

7. Rhode Island

Providence, Rhode Island was one of the first cities established in the United States.
Sean Pavone / Shutterstock
Providence, Rhode Island, can be pricey.

Score: 119

The relatively tiny Ocean State offers more than 100 public beaches, delicious seafood and loads of history to keep you engaged in your retirement. Rhode Island also scores high for safety and culture.

But the state is no bargain. A one-bedroom apartment in downtown Providence rents for more than $1,500 a month, according to the cost-of-living website Numbeo, and a three-bedroom goes for more than $1,900, on average.

Health care is so-so, and the medical costs can be downright painful. So can a drive on one of Rhode Island's major roads, because 79% are in poor or mediocre condition, according to the transportation research group known as Trip.

Quora user Cole Rinne says the weather isn't great either: "Like most of New England, Rhode Island has some gnarly weather. It is cold in the winter and gets very humid in the summer. Being such a small state it is impossible to get very far from the coast and flooding and hurricanes/noreasters is a problem."

6. New Jersey

Waterfront homes in Avalon, New Jersey.
Jon Bilous / Shutterstock
New Jersey offers waterfront living and a lot more.

Score: 120

New Jersey might sound like a place with everything you’d want for your retirement: beaches; greenery (it is the Garden State, after all); great shopping and restaurants; casinos and golf courses; and your pick of small towns, suburbs or cities to settle in.

The main problem for retirees is that New Jersey is so expensive; both Bankrate and WalletHub put it near the bottom for living costs. In the Newark metro area, the median selling price for a home is close to $400,000.

"Property taxes in New Jersey are particularly high, as is the cost of real estate. There’s a reason why many New Jersey residents move to other states after they retire," writes former New Jerseyan Tom Coughlin, on Quora.

When you live in Jersey, you also have to contend with terrible traffic, serious urban crowding, and winters that can be unbearably cold, especially in the northern reaches of the state.

5. Washington

scenic view of  lake Crescent in Olympic national park,Washington State.Usa
Checubus / Shutterstock
Washington ranks very high for quality of life.

Score: 121

The Evergreen State truly lives up to its name, with parks, mountain ranges and hiking trails throughout. Oh, and did we mention it has one of the best coffee scenes in the world? Maybe it's no wonder Washington scores high for quality of life.

Washington’s fantastic lifestyle comes at a cost, however: It's one of the most expensive states to live in. In metro Seattle, homes are selling for a median price of $528,800.

Though Washington is one of nine states with no income tax of their own, people who live here say the trade-off is you can expect to pay stiff sales and property taxes.

Rainy, overcast weather is another common source of complaints. "From November to February the sun actually never comes up. Not literally, but sunrise is around 8 a.m. and sunset is before 5 p.m., and it's constantly cloudy, so it just feels like perpetual night for three or four months," writes Quora's Dyonysos Larson.

3. (tie) Nevada

Neon lights at night in Reno, Nevada
Joseph Sohm / Shutterstock
Nevada offers retirees plenty of diversions.

Score: 129

Roll the dice on a retirement in Nevada if you love gambling and nightlife. Las Vegas and Reno are known for their casinos offering slots, table games, buffets that go on for miles, and world-class shows. If all of that appeals to you, you won't be bored living here.

The Silver State also offers a warm climate and gorgeous natural attractions, including the breathtaking Valley of Fire. Nevada is considered tax-friendly for retirees, particularly since it's another of the states without a state income tax.

But it rates low for health care, the wellness of its seniors, and their overall quality of life.

"Don’t go TOO far from the population centers if you need complex medical treatments," warns Nevadan Burt Andrews, on Quora. "Most small towns here have basic medical services, but the complex stuff is concentrated in the two population centers [Las Vegas and Reno]."

3. (tie) Alaska

Katmai National Park, Alaska
melissamn / Shutterstock
It's cold out here in Katmai National Park, Alaska.

Score: 129

Not only does Alaska not have a state income tax, but there's not sales tax either. And, in fact, they pay you to live here. Every resident receives some money annually from Alaska's oil wealth fund, which paid out $1,606 to each adult and child in Alaska in 2019.

With its mountains, fjords and beautiful glacier views, Alaska packs plenty of retirement appeal — but the long, dark winter days and ravenous summer mosquitoes will take some getting used to.

Bankrate ranks Alaska in last place for weather, and second from the bottom for crime. The most recent data from the Alaska Department of Public Safety shows the state's violent crime rate in 2018 was the worst in five years.

Also, you'll pay more for most items in Alaska, because merchandise must be transported up north. If you move here, you'll need long johns — and a lot of retirement money in the bank.

2. Maryland

A December morning, Baltimore, Maryland
Nicole S Glass / Shutterstock
A December morning, Baltimore, Maryland

Score: 135

Maryland was our very worst state for retirement in 2019, and the governor didn't disagree when he was asked about our last-place ranking.

This time out, the state is only a notch better, despite the many amenities that Maryland has to offer: history and culture; great golfing, mountains and beaches; a major population center within the state (Baltimore) and another one close by (Washington, D.C.).

The high cost of living here and high taxes are what make this state a less-than-ideal retirement destination. While it doesn't tax Social Security, Maryland does tax IRA distributions and some income from 401(k) plans and pensions.

"Unless you spent your life living somewhere with an equal or higher cost of living, you might not have the retirement funds to support living here," warns Quora user Casian Holly. "Even if you do, you're much less likely to recover from a financial crisis here than somewhere with a lower cost of living."

1. New York

Expensive homes in the Big Apple
Ryan DeBerardinis / Shutterstock
Expensive homes in the Big Apple

Score: 138

In retirement, if you can make it here — well, you'll deserve a huge congratulations, because it's not easy.

The Empire State is the worst state for retirement, according to our composite scores based on the rankings from Bankrate, WalletHub and MoneyRates.

The big issue is that it's so expensive to live in New York, which the studies identify as America's least affordable state. In glitzy New York City, one-bedroom apartments rent for an average of about $3,300 a month. You'll need a lot of savings and a financial planner you can turn to.

New York state residents pay the highest state and local taxes, the Tax Foundation says. Though up to $20,000 in retirement income can be excluded from the state's income tax, the tax breaks for retirees probably aren't enough to lighten the financial burden of living here.

How we rank all 50 states

Here's how our analysis ranks all 50 states as retirement destinations, going in order from the best to the worst. In several cases, states tied for spots in our ranking because they had the same average rank in the three studies we looked at:

  1. Florida
  2. Missouri
  3. (tie) Idaho
  4. (tie) Iowa
  5. Montana
  6. Wyoming
  7. Kansas
  8. Wisconsin
  9. Hawaii
  10. Nebraska
  11. (tie) South Dakota
  12. (tie) Texas
  13. Utah
  14. New Hampshire
  15. (tie) Virginia
  16. (tie) Arkansas
  17. (tie) Delaware
  18. (tie) Ohio
  19. Vermont
  20. Oklahoma
  21. Arizona
  22. (tie) Michigan
  23. (tie) Alabama
  24. (tie) North Carolina
  25. (tie) Indiana
  26. Colorado
  27. Pennsylvania
  28. (tie) Maine
  29. (tie) South Carolina
  30. (tie) Kentucky
  31. (tie) North Dakota
  32. (tie) West Virginia
  33. Massachusetts
  34. Tennessee
  35. (tie) Georgia
  36. (tie) Mississippi
  37. Minnesota
  38. Illinois
  39. Connecticut
  40. Oregon
  41. Louisiana
  42. California
  43. New Mexico
  44. Rhode Island
  45. New Jersey
  46. Washington
  47. (tie) Nevada
  48. (tie) Alaska
  49. Maryland
  50. New York

About the Author

Doug Whiteman

Doug Whiteman

Editor-in-Chief

Doug Whiteman is the editor-in-chief of MoneyWise. He has been quoted by The Wall Street Journal, USA Today and CNBC.com and has been interviewed on Fox Business, CBS Radio and the syndicated TV show "First Business."

You May Also Like

These 5 Passive Income Ideas Can Help You Through COVID-19

People laid off because of COVID-19 are finding other, novel ways to earn money.

The 6 Factors That Decide Your Health Insurance Costs (and 3 That Don't)

Here are the facts about your premiums as well as a few common myths.

Low Mortgage Rates Help Shatter Home Sales Records

Home sales reached highs not seen since 2006.

How Does Debt Relief Work?

These options come with costs and risks but could still be the best way to debt freedom.