Sonoma Valley Wine Country, California - Sonoma Valley, in California's famous wine country, is the perfect place to retire. With 17 miles of rolling hills, vineyards, quaint shops, spas and countless parks, Sonoma Valley offers an escape from the hustle and bustle of life.
10 Best States To Retire In 2020
2020 U.S. News Best Places to Retire Rankings – Top 10
We decided to look at the best cities just in the West region of the US, as defined by the Census Bureau. Logan, Utah, and Cheyenne, Wyoming, made the top of the list.
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1. Fresno California. In terms of property prices, the most affordable place to live on the West Coast is Fresno, California, says Apartment Living.
If you're looking for a cheap place to retire near the beach, consider Daytona Beach. The median home price is just $188,000. Homeowners age 60 and older pay a median of $1,258 per month with a mortgage, and the median rent is $1,029 per month.
Our survey respondents told us Florida is the state that's best for retirement. Housing is affordable, activities are always available and winters are warm. Retirees in Florida make up 20.9% of the state's population, so there's an abundance of senior communities and many activities.
As for the “worst” states:
For anyone thinking about relocating for retirement, affordability is a big consideration. Blacktower Financial Management data shows the best states for retirees are Florida, Iowa, and Ohio. Other states include Minnesota, Texas, Wisconsin, Nebraska, and Pennsylvania.
Places to retire
Worst States for Retirement | Why You Should Think Twice |
---|---|
1) Illinois | Poor fiscal health |
2) California | Expensive, and its finances are in disarray |
3) New York | Very high taxes, including property taxes |
4) Rhode Island | Worst-off state in the Northeast from a financial viewpoint; high taxes |
States without pension or Social Security taxes include:
This southern Texas city is located across the Rio Grande from the Mexican city of Reynosa. McAllen is one of the most inexpensive places to retire in the United States. Those with mortgages on their homes pay a median of $1,135 per month to live in the McAllen metro area, which also includes Edinburg and Mission.
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