Should You Retire in New York State?
Should you relocate and retire in the state of New York? You may want to, as it offers a lot for different kinds of people. You might enjoy the hustle and bustle of New York City, with its myriad opportunities to enjoy great restaurants, theater, art, and concerts. Or you might enjoy more suburban settings in the New York metropolitan region -- or more rural settings upstate. The state offers lots of natural beauty to enjoy when hiking, fishing, camping, skiing, golfing, and so on.
New York's overall cost of living is fairly close to the national average, per the World Population Review -- except for housing. The typical home price in New York was recently $452,823, about 24% higher than the national average. But the median home sale price in Manhattan was recently $1.3 million. Statewide, the average annual cost of car insurance was recently $4,200 -- about 39% above the national average.
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Source Fool.com
