retirement

Where are the worst states for retirement?

Retirement » 10 Worst States For Retirement

No. 10: Oregon
Oregon

No. 10: Oregon

Weaknesses: High cost of living, high tax rate

Oregon is one of the happier states in the country, and it's easy to see why. Residents of this Pacific Northwest state have the ocean, forest and craft beer at their fingertips. The Gallup-Healthways Well-Being Index, which tracks community well-being around the country, gave Oregon an above-average rating for people who were retirement age.

Unfortunately, Oregon can be tough on a lot of people who live on a fixed income. The state has the seventh-highest cost of living in the nation, according to retail statistics from the Council for Community and Economic Research. In Portland, for example, apartments charge more than double the national average rent at $2,196 per month, according to Council for Community and Economic Research's 2014 report. A trip to the doctor was 27.7 percent higher than average, and gasoline was 11.7 percent above the national average.

Oregon also has high taxes. The Tax Foundation estimates its state and local tax burden at 10.1 percent, which is above the national average of 9.8 percent. And, the state received poor scores for its weather. Sunny days are rare in Portland, for example.

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

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