Maine leaps to 12th in Bankrate list of best states for retirees

After removing average temperature and adding new metrics to a ranking of the best states for retirement, Bankrate’s 2014 list put Maine 12th, up from 46th in 2013.

The latest ranking included state scores of well-being, the cost of living, quality of health care, tax burden, rates of violent and property crimes, average annual possible sunshine and average humidity.

This year’s list was topped by South Dakota, Colorado, Utah, North Dakota and Wyoming. The scoring system put New York at the bottom, with West Virginia, Alaska, Arkansas and Hawaii as the next-worst states to retire.

Compared with the national average, Maine had a dramatically lower rate of violent crime per 100,000 people, slightly less sunshine, slightly more humidity and higher-than-average health care costs.

Bankrate’s Research and Statistics Editor Chris Kahn wrote that the latest rankings are “best used as a conversation starter for those considering a move.”

“It’s also worth noting that our ranking is based on state averages and doesn’t account for the tremendous variety within every state,” Kahn wrote.

What do you think of the latest ranking? Does it miss reasons why Maine is a good or bad place to retire?

Darren Fishell

About Darren Fishell

Darren is a Portland-based reporter for the Bangor Daily News writing about the Maine economy and business. He's interested in putting economic data in context and finding the stories behind the numbers.