Dontchyaknow that South Dakota is ranked 37th on our best states to retire primarily because it has the 9th worst weather in the country. If you add on top a higher crime rate, and barely average affordability, there’s little reason to consider South Dakota for retirement except for lack of the any income tax. Overall, South Dakota isn’t the worst state to retire to but it’s far from the best, but that’s pretty obvious based on these rankings.
How do you make your state more attractive to business, families and retirees? Zero out the income tax. South Dakota has slightly better than average affordability in terms of real estate and cost of living, and somehow ranks highly on national ratings list. If you’re planning to make a lot of taxable income in your retirement years, South Dakota could be for you.
If you’re reading this and trying to figure out if South Dakota is a good state to retire to, then what are your other options? It’s relatively affordable but there are better states and pretty much any other state is going to be better, weather wise. The silver lining is that there’s no income tax. We’re not sure how it ranks so high other other charts to be honest but affordability and no income tax is good enough for 37th on our list.
Best Retirement Cities reviewed all 50 states against 10 different retirement criteria to determine what was truly the best state to retire to.