New York is the worst state for retirees in the country, according to Bankrate.com’s recent analysis of taxes, healthcare, weather, crimes, well-being and cost of living.
- New York's unfortunate ranking is heavily attributed to Manhattan’s high cost of living, which is the highest in the U.S.
- According to the report, the average apartment in Manhattan is $3,984 per month, which is four times the national average. In Brooklyn, rent is 2.5 times the national average.
- Gallup-Healthways Well-Being Index– a data collector of the health and well-being of large populations– revealed New York has some of the lowest scores in the country.
- Wyoming stole the number one spot for best states to retire in, with South Dakota, Colorado and Utah following.