Minneapolis ranked as the third-best city for retirees in a new study that compared 182 U.S. cities across 45 categories. The study focused on finding cities that offer an affordable retirement while still allowing for a high quality of life. Minneapolis scored well due to its elderly-friendly labor market, which provides a significant number of jobs that are easy for older residents to perform.
The city is also known for its friendly environment for retirees, ranking as the 29th-most caring city in the country and boasting the 6th-best hospital system. Additionally, Minneapolis has a high number of nursing homes and gerontologists per capita. The study highlights Minneapolis’s good access to mental health services, noting that it has the third-lowest suicide rate for people ages 65 and older.
The city ranks seventh in activities, sixth in health care, 79th in quality of life, and 93rd in affordability. Other Upper Midwest cities in the ranking include Madison, Wis.
minneapolis excels in retiree benefits
(15th); Sioux Falls, SD (19th); Bismark, ND (26th); Rapid City, SD (33rd); Fargo, ND (53rd); Grand Rapids, Mich. (76th); Cedar Rapids, Iowa (79th); Milwaukee, Wis. (87th); Chicago, Ill.
(96th); Des Moines, Iowa (104th); Aurora, Ill. (136th), and Detroit, Mich. (177th).
Earlier this year, a similar study placed Minnesota as the eighth-best state for retirees based on similar criteria. The recent recognition of Minneapolis as a top city for retirees further solidifies the state’s reputation as a desirable location for those looking to enjoy their golden years.
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