MINNEAPOLIS - A new study by WalletHub says Minneapolis is the ninth best city in America to retire.
According to the study, Minneapolis is atop the list for the number of recreation and senior centers per capita and availability of adult volunteer activities.
However, the study scores the city low when it comes to taxes on social security income and pensions, and the annual cost of in-home services.
“Really don't make Minneapolis the most affordable, but you are getting a sense of bang for your buck in terms of great health care and a lot of things to do,” says WalletHub Analyst Jill Gonzalez.
KARE 11 talked to residents at Augustana Senior Apartments on Monday to find out why, they say, Minneapolis is a good place to retire.
“Minneapolis is a good place to retire because of all the cultural things, the performing arts,” says Deborah Guy.
“I love live theater and there's a lot of live theater all over,” says June Englund.
“There is so much to do in the cities that is geared for seniors, is reasonably priced, if not free,” says Patty Reynolds.
Of the 150 cities included in the study, Orlando, Florida was ranked first. Providence, Rhode Island finished last.