The Best City for Retirees in the U.S. Might Surprise You

retirees dancing

The city where you live can make or break your retirement. | Rhona Wise/AFP/Getty Images

Even if you’ve saved enough money to leave the workforce, there are other factors that could affect how much you enjoy your golden years. For example, the city you choose to live in can greatly impact your quality of life. To help you find a great city for retirement, we looked at Bankrate’s recent findings. In order to come up with their data, they scored the 50 largest U.S. metro areas for factors such as health care quality, living costs, weather, percentage of the population over 65, and the overall well-being of residents.

Here are the 15 best cities for retirement, according to Bankrate.

15. Philadelphia, Pennsylvania

Philadelphia received high marks for low cost of living and good health care. However, the city didn’t score as well when it came to public transportation access (below average), weather (below average), and overall well-being (below average). The Philadelphia metro area was also ranked as one of the best places for retirees in 2005 by Sperling’s Best Places, coming in at No. 6.

Next: This city is ideal for music lovers.

14. Nashville, Tennessee

downtown Nashville, Tennessee

The city has low taxes and plenty of social activities. | Sean Pavone/iStock/Getty Images

Nashville, Tennessee, scored well for very low cost of living, very low taxes, and a good amount of social activities. Retirees will be delighted to learn the cost of living is below the national average and that most seniors are eligible for property tax relief. If you’re a music lover, Nashville has plenty of things do. You can spend your time attending a concert at the Grand Ole Opry or visit the Country Music Hall of Fame and Museum.

Next: Retirees will enjoy this modern city.

13. Charlotte, North Carolina

Charlotte, North Carolina, USA

The city has a low cost of living. | Sean Pavone/iStock/Getty Images

Charlotte, North Carolina, made the list due to its very low cost of living, low crime rate, and the overall well-being of residents. The city scored lower when it came to health care (average), the number of residents who are 65 and older (below average), and access to public transportation (poor). The city received average scores for taxes and for things to do.

Next: Residents of this city have a great overall well-being.

12. Portland, Oregon

biker in portland, oregon

Low crime and high overall well-being give residents a good life. | Craig Mitchelldyer/Getty Images

Portland, Oregon, received high marks for having a very low crime rate and high overall well-being of residents. Portland didn’t score as well when it came to health care quality (below average), the number of residents who are 65 and older (below average), public transportation (below average), and weather (below average).

Next: This city has good health care.

11. Raleigh, North Carolina

Raleigh skyline in North Carolina

The city offers good health care. | iStock/Getty Images

Raleigh, North Carolina, scored well for having a very low cost of living, very low crime rate, good health care, and good overall well-being of residents. The city had lower scores for the number of residents who are 65 and older (poor), public transportation (poor), things to do (below average), and weather (below average).

Next: Retirees in this city enjoy low taxes.

10. Dallas, Texas

Dallas

The city has a low cost of living. | Ronald Martinez/Getty Images

Dallas, Texas, received high marks for very low cost of living, low crime rate, and very low taxes. The city didn’t score as well when it came to health care (average), the number of people who are 65 and older (poor), public transportation (poor), things to do (below average), and weather (below average). Dallas received an average score for the overall well-being of residents.

Next: This city has low crime rates.

9. Austin, Texas

Austin, Texas, reflects on Lady Bird Lake

Residents enjoy low taxes and crime. | RoschetzkyIstockPhoto/iStock/Getty Images

Austin, Texas, made the list of best places to retire because it has a very low cost of living, low crime rate, and very low taxes. However, Austin ranked lower when it came to health care (average), the number of people who are 65 and older (poor), public transportation (poor), things to do (average), and weather (below average). Austin received an average score for the overall well-being of residents.

Next: The residents of this city enjoy great overall well-being.

8. Phoenix, Arizona

Phoenix with its downtown lit

Residents have great overall well-being in Phoenix. | Dreamframer/iStock/Getty Images

Phoenix, Arizona, scored well for having a very low cost of living, a low crime rate, low taxes, and great overall well-being of residents. Phoenix scored lower when it came to health care (average), the number of people who are 65 and older (average), public transportation (poor), things to do (poor), and weather (average).

Next: Come here for some fun in the sun.

7. Tampa-St. Petersburg, Florida, metro area

Tampa skyline

This metro area has a low cost of living. | Scott Olson/Getty Images

The Tampa-St. Petersburg, Florida, metro area received high marks from Bankrate because of the city’s very low cost of living, low crime rate, high number of residents who are 65 and older, low taxes, and good overall well-being of residents. The metro area didn’t do as well when it came to health care (average), public transportation (poor), things to do, and weather.

Next: Residents of this city enjoy a low cost of living.

6. Minneapolis, Minnesota

Minneapolis downtown skyline at sunset

The city has good health care. | RudyBalasko/iStock/Getty Images Plus

Minneapolis, Minnesota, scored well for having a low cost of living, a very low crime rate, good health care, and great overall well-being of its residents. Minneapolis didn’t score as well when it came to the number of residents who are 65 and older (below average), public transportation (below average), taxes (high), things to do (average), and weather (poor).

Next: Residents of this city enjoy great health care.

5. Providence, Rhode Island

Providence, Rhode Island

There is a high population of residents older than 65 in Providence. | Sean Pavone/iStock/Getty Images

Providence, Rhode Island, received high ratings for having a very low crime rate, great health care, a high population of residents 65 and older, and good overall well-being of residents. Providence didn’t score well when it came to the cost of living (average), public transportation (poor), taxes (high), things to do (average), and weather (below average).

Next: This city has a low cost of living and low crime rates.

 4. Denver, Colorado

denver

The cost of living is low in Denver. | Kevork Djansezian/Getty Images

Denver, Colorado, scored well for having a low cost of living, a low crime rate, good health care, and great overall well-being of its residents. The city didn’t score well when it came to the number of residents who are 65 and older (below average), public transportation (poor), things to do (average), and weather (below average).

Next: This city has plenty of fun things to do.

3. Los Angeles, California

Hollywood sign

Residents enjoy the California sunshine. | SeanPavonePhoto/iStock/Getty Images

Bankrate said Los Angeles, California, is a great place to retire because it has great weather and there are plenty of things to do. This city didn’t score well when it came to cost of living (high), health care (below average), the number of residents who are 65 and older (below average), public transportation (below average), and taxes (high).

Next: This city received top marks.

2. Boston, Massachusetts

Boston in the fall

The city has plenty to do. | SeanPavonePhoto/iStock/Getty Images

Boston, Massachusetts, received high marks for great health care, plenty of things to do, and good overall well-being of residents. The city did not score as well when it came to cost of living (high), the number of residents who are 65 and older (average), public transportation (below average), and weather (below average).

Next: This is the best city for retirees.

1. Pittsburgh, Pennsylvania

Skyline of downtown Pittsburgh

The city has a low cost of living, low crime, and good health care. | f11photo/iStock/Getty Images

Bankrate says Pittsburgh, Pennsylvania, is the best city for retirees. Pittsburgh is in the top spot because it has a very low cost of living, a very low crime rate, good health care, a high number of residents who are age 65 or older, and good overall well-being of residents. Pittsburgh didn’t score as well when it came to public transportation (poor) and weather (poor). Average scores were given for taxes and things to do.

Check out The Cheat Sheet on Facebook!