In the United States, the quality of retirement (and how far you can stretch your retirement savings) can vary significantly by state.
Affordability is one of several factors we considered in our July 2019 survey of the best and worst states for retirement.
“Where to live is probably one of the most personal decisions one can make because it’s not just about preferences, it’s also about the financial considerations that are associated with it,” said Mark Hamrick, senior economic analyst at Bankrate.
To determine the most financially friendly places to retire, we examined affordability data from our survey. These rankings range from 1 to 50 with 1 being the cheapest and 50 being the most expensive. Rankings on crime, culture, weather and wellness range from 1, the best, to 50, the worst. We also looked at average home costs from Zillow and regional price parity, or how far your dollar goes in terms of purchasing power.
Here are the 26 most and least expensive U.S. states to retire: