Florida’s Retirement Reign Fades: As Costs Soar, Other Southern States Dominate Retirement Rankings

Once a Retirement Haven, Sunshine State Tumbles to 8th Place Amid Housing Costs, Inflation, insurance, Crime & Hurricane Headaches

Fla. News Network — Florida has long been seen as the go-to place for retirees looking to settle down in sunny weather. However, recent trends suggest that this is starting to change. A Bankrate study released in 2024 reveals that Florida has dropped to 8th place in the rankings for the best states to retire. This decline can be attributed to several factors, including increasing living costs, unpredictable weather patterns, and various quality-of-life concerns that some retirees are facing. So, what’s driving this shift? And where are retirees considering moving nowadays?

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