retirement

The 10 best states for retirement

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No. 7: Idaho
Idaho | iStock.com

No. 7: Idaho

Strengths
  • Low crime
  • Low cost of living

Idaho offers a safe place for retirees to settle down, and a dollar here will go further than in many other states.

In fact, Idaho's cost of living and crime rate both ranked among the lowest in Bankrate's database. In 2014, the FBI reported that the state had the 7th lowest rate of violent crime in the country, and the 4th lowest rate of property crimes in the nation.

Housing in Idaho is extremely affordable, with median home values in Boise at $258,125 and $267,000 in Twin Falls, compared with a national average of $312,874. The average apartment rental in Twin Falls is a low $662 a month, compared with the U.S. average of $945.

Other perks of Idaho: The weather isn't too shabby either, and residents here can enjoy many natural treasures, including large lakes, national forests and canyons. Idaho's 5 major cities are located on the picturesque Snake River or its tributaries. Hells Canyon, one part of the Snake River, is the deepest river gorge in North America and is renowned for its whitewater boating, hiking and breathtaking mountain views.

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

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