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PHOENIX RANKS BEST FOR RETIREES

Posted by Diane Brennan on Wednesday, June 10th, 2015 at 4:04pm.

Weather, walkability and cost of living is placing Phoenix at the top of a new list of cities to retire.

Compiled by Bankrate.com, the list also includes two other Arizona cities in the top ten with Prescott ranked third and Tucson at number four. 

In addition to Arizona’s low-maintenance, outdoorsy lifestyle, Bankrate also cites health care quality and low property taxes as attractive factors for retirees who may be living on a fixed income.

The Phoenix area boasts several retirement communities for active adults with Sun City, Sun City West, PebbleCreek and Robson Ranch among some of the popular senior living neighborhoods.

Separating Phoenix and Prescott on Bankrate’s list of best cities for retirees is Arlington and Alexandria, Virginia at number two. Although on the higher end for cost of living, Bankrate says seniors benefit from a superior health care system in these Washington, D.C. suburbs.

Des Moines, Iowa rounds out the top five at number five for its affordability and health care.

In number seven-ranked Austin, retirees can take advantage of the lack of state income tax in Texas like they can in the number eight-ranked city of Cape Coral, Florida.

Although long considered a retirement haven for seniors on the East Coast, other major cities in Florida surprisingly failed to make the top ten this go-around. Bankrate says humidity, heavy rainfall in the state, and a costly cost of living in cities such as Miami, make Florida a little less retirement-friendly for seniors.

Other cities not recommended for retirement on the Bankrate list include: New York City; Little Rock, Arkansas; New Haven, Connecticut; and Buffalo, New York.

Here are the ten Best and Worst cities to retire, according to Bankrate.com:

 

BEST                                           WORST

  1. Phoenix                                                     1. New York City

  2. Arlington/Alexandria, VA                           2. Little Rock, AR

  3. Prescott, AZ                                               3. New Haven, CT

  4. Tucson, AZ                                                 4. Buffalo, NY

  5. Des Moines, IA                                           5. Newark, NJ

  6. Denver, CO                                                 6.  Albany NY

  7. Austin, TX                                                   7. Hartford, CT

  8. Cape Coral, FL                                             8. Oakland, CA              

  9. Colorado Springs, CO                                  9. Indianapolis, IN

  10. Franklin, TN                                               10. Cleveland, OH

 

By Sloane Kingston, Contributing Editor  


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