Massachusetts may not spring to mind like Florida does when the topic of retirement comes up, but there is a sizable senior population in the Bay State. Unfortunately for locals now approaching the end of their careers, though, Boston may not be the best place to settle after retirement.
Boston is one of the 10 worst cities to be a retiree, according to Clever, a real estate data company. Based on factors like cost of living, health care, and quality of life, Boston came out as number nine in a list of the 10 worst retirement cities.
Thanks to the city’s expensive housing market, high sales tax, and utility rates, seniors are likely to get more out of their retirement in cities like New Orleans and Birmingham, the top two retirement cities, according to the study. There were even some affordable options closer to home, such as Providence, which is ranked number 14, or Hartford, ranked 17.
This isn’t to say that there are no upsides to retiring in Boston. Residents still have access to some of the best healthcare in the country and great recreation, according to the study.
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