Maine City Named One of the Best Places in America to Retire

We all know Maine is ‘the way life should be,’ and it’s clear others agree—especially since one of our cities was named among the best places to retire!

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Tourists flock here every year. Lately, however, it seems that many of those visitors are staying, trading their tourist status to retire and call Maine home. And who can blame them?

So, who decides the best places in America to retire, and what criteria are they using?

WalletHub's 2024 report on the 'Best & Worst Places to Retire' analyzed 182 U.S. cities based on four key factors: affordability, activities, quality of life, and health care. Using 45 metrics, each city was graded on a 100-point scale, with adjustments like population size to ensure fair comparisons.

Scores were averaged and weighted to rank cities, focusing only on city limits rather than metro areas.

The analysis from WalletHub assumes retirees live on fixed incomes, emphasizing how lower expenses can improve retirement conditions.

With all that in mind, which city in Maine has earned this distinction as one of the best retirement spots in the country? And let’s not forget—we’ve got a pretty big country!

According to WalletHub and their 2024 report on the 'Best & Worst Places to Retire,' Maine's largest city, Portland, ranks fairly high compared to the number of cities analyzed by WalletHub.

WalletHub ranked Portland as one of the top places to retire in America. But what do the numbers say?

Portland secured the 40th spot overall in the report. For specific categories like affordability, activities, quality of life, and health care, Portland ranked 131st, 22nd, 58th, and 82nd, respectively.

So there you have it—our Portland is officially one of the best places in the country to retire!

What do you think about WalletHub’s report and their claim that Portland is a top retirement destination? Do you agree? We’d love to hear your thoughts! Join the conversation by messaging us on the app.