(NewsNation) — Do you know someone who is retired or is close to retirement? If they live in Missouri, they’re in a really good spot.
A recent Bankrate analysis ranked Missouri as one of the best states for retirees to live in, coming in at 5th.
The reason for Missouri’s high ranking: Affordability.
Missouri scored highly in Bankrate’s report when it comes to affordability thanks to a cheaper cost of living and lower property tax rates.
The reason Missouri is not ranked even higher on the list is due to struggles with the quality of health care, crime and overall well-being, according to the analysis.