Soon-to-be retirees setting their sights on the sunny beaches of Florida as their retirement destination might have to change their plans and move north to Pittsburgh, Pennsylvania, as the city tops Bankrate’s “Best Places to Retire in America” list.
To compile the list, the New York City-based consumer financial services company scored the 50 largest U.S. metro areas on several factors, including: health care quality; crime rate; cost of living; tax burdens; weather; public transportation; amenities; the percentage of the population over the age of 65; and the well-being of seniors, as measured by Atlanta-based market research company Gallup’s Well-Being Index.
The Top 10 Best Places to Retire
The Steel City’s cost of living is “very low,” while its health care and population of 65-and-overs ranked “good” and “great,” respectively. The city, however, did receive “poor” marks in regards to its public transportation availability and overall weather conditions.
Rounding out the top 10 best cities to retire:
The Bottom of the Ranks
On the flip side, retirees might want to reconsider their options if Riverside, California is on their destinations list, as the city came in last on Bankrate’s ranking.
Riverside’s cost of living is “very high,” and its health care options rank “below average.” In addition to high taxes, the city has very few amenities and “things to do,” and its public transportation grading received a “poor” rating.
Rounding out the list:
Written by Carlo Calma