In a battle of retirement Boston loses to New York by 1, yet again. Massachusettes ends up 40th on our list of best states to retire to. With an above average income tax, and the 3rd most expensive real estate in the world, and the 2nd worst cost of living, Massachusettes is hard to recommend to any retiree.
If you’re considering Massachusetts to retire to, it’s likely the good health care, walkable cities, low crime and other retirees that are attactive. Make no mistake, Massachussetts is oppressively expensive, but if you can afford it and like the wintry north east, then it might be a good option.
When you’re the 2nd most expensive state to live in with 3rd most expensive real estate you are at the bottom of the list of recommendations for a people group on a traditionally fixed income and rising health care costs. Massachusetts is not recommended for retirees, period.
Best Retirement Cities reviewed all 50 states against 10 different retirement criteria to determine what was truly the best state to retire to.