Wallet Hub Best States To Retire 2024 Wallet Hub. Carmel, in, is the best small city to live in, due in part to strong economic factors. Click here to see wallethub’s complete “2023 best & worst places to retire” rankings and analysis.

With the exception of “total score,” all of the columns in the table above depict the relative rank of that state, where a rank of 1 represents the best conditions for that metric category. Wallethub released its 2023 ranking that looked at 47 metrics related to affordability, quality of life and healthcare.