Orlando, Fla., earned the No. 1 spot as the best city for retirees in the U.S., partly due to its lack of taxes, according to a new analysis published by WalletHub.
The personal finance company released its 2024 survey, "Best & Worst Places to Retire," on Sept. 3. The ranking compares the retirement-friendliness of 182 cities — including the 150 most populated U.S. cities, plus two or more of the most populated cities in each state — across four dimensions: affordability, activities, quality of life and healthcare.
WalletHub evaluated those dimensions using 45 metrics, ranging from the cost of living to the quality of healthcare. Each dimension was weighted at 25 points to inform overall scores.
Orlando is one of the most tax-friendly cities, according to WalletHub. The city's position as the ninth-cheapest city for homemaker services and the 20th-cheapest for adult day healthcare out of the more than 180 cities in the study also factored into its No. 1 ranking. More information on the study methodology and the complete listing from WalletHub is available here.
Below are the 10 best retirement cities, per the study.
1. Orlando, Fla.
2. Miami
3. Minneapolis
4. Tampa, Fla.
5. Fort Lauderdale, Fla.
6. Scottsdale, Ariz.
7. Cincinnati
8. St. Petersburg, Fla.
9. Casper, Wyo.
10. Atlanta
Below are the bottom 10.
1. San Bernardino, Calif.
2. Stockton, Calif.
3. Rancho Cucamonga, Calif.
4. Bakersfield, Calif.
5. Newark, N.J.
6. Detroit
7. Fresno, Calif.
8. Bridgeport, Conn.
9. Wichita, Kan.
10. Fontana, Calif.