Slide Show | July 2012
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Best Cities for Retirees
To identify the winners, Kiplinger teamed up with Kevin Stolarick, research director at the Martin Prosperity Institute, a think tank that studies economic prosperity. All of the cities on our list have reasonable living costs, strong employment growth and a population that scores high on measures of education and tech-savviness. We sorted them further by using criteria tailored to each of our categories. For retirees, we also factored in the number of doctors, climate and the crime rate.
The cost-of-living index measures how expensive it is to live in a city; the national average score is 100. That means cities with a score below 100 have a lower-than-average cost of living. Nationwide, the median household income is $43,024, and median income growth from 2006 to 2011 was 11.1%.
Check out our picks, and share your thoughts in our reader comment box below. Best Cities for Retirees