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If you’re looking for a retirement destination that offers a low cost of living, good weather, and friendly people, Alabama is the state for you. The state ranks highly for its affordability, ranking 7th in the nation for its weather and 2nd for its cost of living. Alabama isn’t a “sexy” choice for many websites to mention. There’s no bustling metroplis in the state and generally, the states politics aren’t favored by the metro cities that like to win the awards. However, you’re looking for a new place to retire, Alabama might be the right mix of affordabillity and great weather.
Alabama ranks #1 in our best states to retire to list for social security exemptions, low real estate prices and is 2nd for cost of living. Additionally, retirees in Alabama will enjoy one of the nation’s lowest income tax and have plenty of places to choose from as Alabama ranks 20th for retirement population. Alabama may be the butt of some jokes, but you’ll be hard pressed to find a state that offers better weather and despite lacking any major metropolitan areas doesn’t suffer from the inconvenience of being in the middle of the country like Kentucky or Arkansas do.
While Alabama has a number of positive attributes that make it a desirable place to retire, it also has a number of drawbacks that should be considered before making the decision to relocate there. The state has a high sales tax, which can be a significant burden for retirees on a fixed income. Additionally, the state ranks poorly in terms of health care options, with a limited number of hospitals and physicians per capita.
Best Retirement Cities reviewed all 50 states against 10 different retirement criteria to determine what was truly the best state to retire to.
Empower Personal Wealth, LLC (“EPW”) compensates BestRetirementCities.org (“BRC”) for new leads. BRC is not an investment client of EPW.
