Rhode Island is typical of the north eastern states in that it’s an over developed, over taxed and has an aging population and aging housing. In terms of retirement options in our smallest state, Rhode Island has the 16th best health care and might be one of the best located states on the entire map being driving distance to New York, Boston and many other states.
Rhode Island is a great state to retire to for a variety of reasons. It has average income and lower than average sales taxes, and excellent health care. The state has a large retiree population and the crime rate is extremely low ranking Rhode Island with the 7th lowest crime rate in the nation.
We don’t recommend retiring to Rhode Island, unless you need the proximity and convenience it offers. It’s expensive in every category that might matter to a retiree and the brutal weather makes it tough to stomach. It’s worth noting that while measuring best states to retire to is inherently flawed with tiny states and huge states, that our ranking of Rhode Island in particular matches many others in the mid 30’s (out of 50 states).
Best Retirement Cities reviewed all 50 states against 10 different retirement criteria to determine what was truly the best state to retire to.