Why Iowa is the best state to retire in 2023

Iowa was found to be the best state to retire in 2023, according to financial website Bankrate.

Bankrate's study, published July 31, used public and private datasets to rank all 50 states based on metrics including affordability, overall well-being, cost and quality of healthcare, weather and crime. 

Iowa ranked third in affordability, 11th in quality and cost of healthcare, 31st in overall well-being, 38th in weather and 12th in crime rates, leading to it being ranked the best state to retire in 2023 overall.

Alaska, the lowest-ranked state, earned the 43rd spot for affordability, 38th for quality and cost of healthcare, 27th for overall well-being, 50th for weather and 49th for crime rates.

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