Louis is the most populous city in Missouri and also has a large population of adults 65-plus. Its lower cost of living and high score for overall well-being boosts the city’s appeal. Louis is our second choice for the best cities to retire. Average temperature from February 2022 to January 2023: 52.8.% of households with greater than 30% of income spent on rent: 43.6%.% of population 65 years and over: 14.6%.Lincoln may not be the only ideal choice for retirement living according to our data - Omaha earned the No. Lincoln’s average temperature during 2022 was about 53 degrees Fahrenheit, which falls below some cities on this list, but the greater access to parks and high community well-being score pushed the city to the top. Other standout traits of Lincoln include its relatively low crime rate and lower rent costs. The cost of living index is worth noting, too, because your dollars can stretch further for living expenses. It’s the second most-populous city in Nebraska, but it's the higher percentage of people over age 65 that may appeal to those in retirement age. Not only is Lincoln the capital city of the Cornhusker State, but it also tops our list as the best city for retirement. Let’s break down why each of these cities ranks in our top 5: 1. All other factors were given the same weight, leading to the overall retirement score and rankings (read our full methodology below for complete information). With Social Security checks averaging $1,704 per month at the time of publishing, according to the latest Social Security Administration data, and the cost of living exceeding that in many areas, we weighed the cost of living highest, as finances are often the dominant deciding factor. To help you decide the best place for retirement, the ConsumerAffairs Research Team examined a range of factors, including financial (cost of rent, food, utilities and transportation) and quality of life (weather and temperature, walkability, access to green spaces) factors, as well as elements like the percentage of population 65 and older, crime rates, cultural and physical activities and access to health care. “Communities that are age-friendly are ones that promote health and are designed to meet the needs of diverse populations, including having inclusive and equitable policies, practices and services.” ”Where you live plays a critical role in not only how long you live, but in your quality of life,” said Jennifer Tripken, associate director for the Center of Healthy Aging at the National Council on Aging. As many start to think about retirement, they will also consider the best place in which to live out life’s later years. How we chose the best and worst cities for retirementīy 2030, all baby boomers, numbering around 73 million in the U.S., will have turned 65, according to the U.S.
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