retirement

10 best states for retirement

Retirement » 10 Best States For Retirement

No. 8: Idaho
Idaho © Charles Knowles/Shutterstock.com

No. 8: Idaho

If cost of living, safety and weather are important to you, you'll want to consider Idaho as a good state for retirement.

It's one of the most affordable states in the U.S. Idaho also is one of the safest. The FBI recorded 1,984 property crimes and 208 violent crimes per 100,000 people in the Gem State in 2012. That's the lowest crime rate in the country.

And then there's the relatively pleasant weather. Yes, you'll still need a winter coat in Idaho. But there's a lot more to weather than just the temperature. For example, Boise, Idaho, gets more sunshine than Atlanta. And with an average annual humidity of about 58 percent, Idaho is naturally comfortable.

Sources: Agency for Healthcare Research and Quality; Healthways; the Council for Community and Economic Research; the FBI; the Tax Foundation; and the National Oceanic and Atmospheric Administration.

Source methodology: Bankrate collected the latest available statistics on cost of living, violent and property crime, health care quality, state and local taxes, wellness and weather (humidity, percent available sunshine and temperature). States were then given standardized scores, with more points going to a lower cost of living, lower crime rate, lower tax burden, stronger health care, better wellness grades and better weather. The scores were combined to create a composite score.

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed 4.21%  0.05 4.16%
15 year fixed 3.27%  0.02 3.25%
5/1 ARM 3.51%  0.13 3.38%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.29% --0.00 4.29%
50K FICO-based HELOC 4.04% --0.00 4.04%
100K FICO-based HELOC 3.89% --0.00 3.89%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.79% --0.00 2.79%
48 month used car loan 2.98% --0.00 2.98%
60 month new car loan 3.24% --0.00 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.95% --0.00 0.95%
2 Year CD 1.16%  0.01 1.15%
5 Year CD 1.75%  0.00 1.75%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.75%  0.03 15.78%
Cash Back Cards 16.45%  0.03 16.48%
Low Interest Cards 10.96% --0.00 10.96%
 
Next
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Blog

Jennie Phipps

Bogle says make 401(k)s better

Vanguard founder John Bogle told Congress this week that 401(k)s need to improve if they are to be our main source of retirement savings.  ... Read more

advertisement
Partner Center
advertisement

Connect with us