As more current and future retirees see their budgets squeezed by rising housing and living costs, the Midwest has become a popular destination for older adults looking for affordability. In its annual report, Investopedia highlighted the 25 best retirement cities in the Midwest, which the publication explains offer lower everyday expenses than those in coastal areas.
And while the region encompasses 12 states, this year’s ranking is dominated by five: Illinois, Iowa, South Dakota, Wisconsin, and Michigan. Investopedia prioritized several factors in determining the winners, with affordability and cost of living carrying the most weight,