SAN DIEGO — There are so many things to love about living in San Diego.
But, according to a new study by financial website WalletHub, when it comes to retiring here, we aren’t the top pick. WalletHub just published the best and worst places to retire in 2024, with San Diego ranked 38 out of 182 cities.
Four of the top five cities are in Florida, with Orlando listed as number one, followed by Miami, Minneapolis, Tampa and Fort Lauderdale.
At the other end of the list, California can claim four of the bottom five, including Bakersfield, Rancho Cucamonga, Stockton and San Bernardino.
"California is the only one that shows up more than once in the bottom 10," said Christie Matherne, an editor with WalletHub.
Part of that has to do with cost of living.
San Diego ranked 156th in affordability, compared to Brownsville, Texas which scored number one in that category.
To get their final results, WalletHub looked at 45 metrics including taxes, elderly friendliness, things to do and property crime rates.
"All of these things are very important to people who are about to retire or who are retired. So a lot of things that the top few cities had in common were good tax situations for retirees. We had generally low-ish cost of living or very affordable, and lots of recreation activities for seniors," said Matherne.
There's no lack of recreation here, which San Diego did score high on, coming in at number 12.
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