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5 Happiest US States for Retirees This Year

July 18, 2023 · Retirement Life
happiest us states
Photo by Dan Thornberg from Shutterstock

3. Minnesota

Maybe you were not expecting Minnesota to be so high on this list, but this is real, and if you want to retire to a nice location, this might be an excellent place. Even if the winters might be harsh, there are a lot of pros that will make you want to stay there.

The state of Minnesota offers a low cost of living, a low crime rate, wonderful attractions, top-notch healthcare, and a fantastic art, music, and cuisine scene.

When thinking about what makes Minnesota a good place for retirees, the first thing that comes to mind is affordability. Despite the fact that the typical house value in Minnesota was roughly $225,000 and has since increased to $317,303 as a result of rising real estate costs nationwide, Minnesota real estate prices remain much cheaper than the national average.

Also, the cost of living is incredible, and if you are a retiree with a fixed income, you can’t hear better news. Sure, if you choose to stay in an urban area such as Minneapolis, the cost might be a little bit higher, but if you opt to live in rural areas, you are all set.

The North Star State excels in the cost and quality of healthcare. Almost 20% less money is spent on healthcare in Minnesota than it is nationwide, and keep in mind that access and quality are not affected.

So, you have good-quality healthcare, a low cost of living, and an amazing community. What more can you want from a state when you retire? This is why Minnesota is one of the happiest US states, and people love to live here.

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