This small northeastern state ranks as the best place to retire in the U.S., according to Bankrate. Here is the rest of the top 10.
To compile the ranking, Bankrate analyzed data from several sources, including the Tax Foundation, the Council for Community and Economic Research, the U.S. Census Bureau and the National Oceanic and Atmospheric Administration.
The cost of living in Delaware is about 1% higher than the national average, but that can vary depending on which city you live in,. The cost of living in Wilmington is about 4% higher than the national average, while Dover's cost of living is about 2% lower, per RentCafe. Remember, although a location's affordability can be a significant factor when choosing where you want to retire, it is important to take numerous other personal factors into consideration as well. Ask yourself what kinds of activities you will want access to during retirement, the type of climate you most enjoy and whether you want to live close to your family.
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Personal Finance Retirement Planning Personal Finance Delaware
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This is the best state to retire in 2024—it's not Florida or CaliforniaThis small northeastern state ranks as the best place to retire in the U.S., according to Bankrate. Here is the rest of the top 10.
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