retirement

The 10 worst states for retirement

Retirement »

No. 3: Oregon
Oregon © Doug Bennett/Shutterstock.com

No. 3: Oregon

Weaknesses: Cost of living, taxes, weather

Oregon has something for city dwellers and nature lovers alike. Coffee shops and craft breweries abound, especially in quirky cities like Portland. And those who want to be outside can explore Mount Hood and the state's rugged coastline.

The trouble with Oregon is its high cost of living. In Portland, for example, apartment rent, at $2,211 per month, is more than double the national average, according to the Council for Community and Economic Research. A trip to the veterinarian is 13% above the average, and if you want to try an Oregon pinot noir, watch out: Wine prices in Portland are 45% higher than in the rest of the country.

Oregon also has high taxes. The Tax Foundation says Oregon's top personal income tax rate of 9.9% is the 3rd highest in the country.

If it's sunshine you're after, keep in mind that the state -- known for cool, less-than-sunny days, especially in Portland -- received poor scores for its weather.

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

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
Surprise! These are the 10 best cities for retirees
advertisement
advertisement

Connect with us