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This Midwestern state is considered one of the best places to retire, new study says: see the list

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WalletHub, a personal finance company, recently analyzed which U.S. states are the best and worst to retire in in 2025. Florida ranked highly, but other findings were surprising.
A recent study by Bankrate has identified Iowa as one of the top states for retirement in the U.S., ranking it third overall. The study evaluated states based on several key factors including affordability, overall well-being, healthcare quality, weather, and crime rate. Iowa scored particularly well in affordability, with a cost of living index of 89.7, significantly below the national average, and a median home price of $239,400. Despite its cold winters, Iowa's low cost of living, good healthcare, and low crime rates make it an attractive place for retirees. The state also benefits from a high quality of life, with residents reporting good health and well-being. Other states that made the top 10 list include Florida, Virginia, Colorado, Wyoming, Delaware, Idaho, New Hampshire, Minnesota, and South Dakota, each offering various advantages for retirees.

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