Best Places To Retire In The US

NEW YORK, NEW YORK - JULY 26: Residential apartment buildings are seen on July 26, 2022 in New York City. With the easing of the Covid pandemic, rents in Manhattan have risen significantly in the last 6 months with the average rent now above $5,000 a month. Concessions and enticements to renters have largely disappeared as more people return to the city and others look for bigger spaces. (Photo by Spencer Platt/Getty Images)

At a glance

  • U.S. News & World Report released its 2022-2023 Best Places to Retire on Tuesday, unveiling Lancaster, Pennsylvania, as the top spot to retire as part of a shift in rankings due to retirees’ concerns over housing affordability.
  • “The drastic shift in the housing market, high inflation, and concerns of a pending recession have retirees weighing housing affordability more heavily when considering where to retire,” said Emily Brandon, U.S. News senior editor for retirement.
  • “With fixed-rate mortgage rates more than doubling over the past year, it stands to reason that falling affordability would lead to changes in the rankings of the Best Places to Retire,” said Patrick S. Duffy, a real estate economist.

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