New York ranks near the bottom for places to retire

New York has been ranked among the bottom five states for retirement, coming in at 49th place, just ahead of Alaska, according to consumer finance company Bank Rate.

News 12 Staff

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Aug 2, 2023, 12:04 PM

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Updated 504 days ago

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California secured the 48th spot, followed by Washington State at 47th, and Massachusetts at 46th.

On the other hand, Iowa was deemed the best state for retirement, surpassing last year's top state, Delaware, which now holds the second spot.

West Virginia, Missouri, and Mississippi round out the top five states for retirees.

Bankrate computed its rankings by judging five broad categories: affordability, overall well-being, the cost and quality of health care, weather, and crime.