Casper, Wyoming, has been named one of the most affordable places for Americans to spend their later years.
While Florida may be the preferred retirement destination for seniors who enjoy warm weather and beach getaways, others enjoy snow-capped mountains or fishing trips.
This charming western city offers just that, and is a good option for those who prioritize affordability in retirement.
This is according to the latest from WalletHub. category of the best places to retire.
The study ranked 180 U.S. cities based on 45 metrics to determine which were the most retiree-friendly and where they could plan for an affordable retirement while maintaining the highest quality of life.
Casper, Wyoming, has been named among the most affordable places for Americans to spend their later years.
WalletHub considered factors such as cost of living, climate, quality of healthcare, and the number of museums a city has to offer or nearby fishing spots.
Casper ranked ninth overall, which was second highest among Western cities on the list.
It was only surpassed by Scottsdale, Arizona, which came in sixth place.
Casper ranked third among 180 cities for affordability, which took into account factors such as cost of living, tax ease, cost of home services and cost of adult health care.
Wyoming has some of the lowest taxes in the country and one of the lowest per capita personal tax burdens, which is a benefit for retirees on fixed incomes.
The Equality State does not have an individual income tax, which allows older people to keep more of their income, and does not impose a wealth or inheritance tax.
Casper has a population of about 59,000, according to the Census Bureau, of whom about 16 percent are 65 years old or older.
The cost of living in the western city is lower than the national average, as is the price of the average home.
According to Zillow, a typical property in the city costs $290,928, compared to the national average of $359,892.
Casper residents also have access to quality medical care thanks to Banner Wyoming Medical Center, which is the largest hospital in the state.
But Casper’s main draw is its potential for outdoor activities.
Casper has a population of about 59,000, according to the Census Bureau, of whom about 16 percent are 65 years old or older.
Casper ranked third among 180 cities for affordability, which took into account factors such as cost of living, tax ease, cost of home services and cost of adult health care.
Wyoming has some of the lowest taxes in the country and one of the lowest per capita personal tax burdens (pictured: Wyoming State Capitol)
According to Zillow, a typical property in Casper costs $290,928, compared to the national average of $359,892.
The city is dotted with beautiful parks on both banks of the North Platte River and surrounded by stunning landscapes. Travel + Leisure reported.
Casper Mountain is crisscrossed by more than 50 miles of trails, keeping residents active, and locals can also enjoy camping and archery.
Hogadon Ski Area, located a short distance from the town center, is a family-friendly resort with multiple trails and a lodge where skiers and snowboarders of all levels can practice their favorite winter sports, the outlet said.
Also among the top ten places to retire, according to WalletHub, are Orlando, Miami, Tampa, Fort Lauderdale and St. Petersburg in Florida.
Cincinnati, Ohio also made the top ten, along with Minneapolis, Minnesota.
Like Casper, Minneapolis is among the coldest cities in the US, with particularly harsh winters.
But Minneapolis experiences all seasons, and summers in the city are not excessively hot, with average temperatures around 80°F.
The city’s welcoming environment, its high-quality hospital system, its beautiful surroundings and its strong cultural offer led it to occupy third place in the ranking.
