Minnesota city named among Best Places to Retire by Forbes

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File photo of Rochester, Minnesota. (FOX 9)

ROCHESTER, Minn. (FOX 9) - This southern Minnesota city was named one of the 25 Best Places to Retire in 2024 by Forbes magazine.

The 25 Best Places to Retire, published on Friday, names the best cities in the country and U.S. territories, including Rochester, Minnesota.

Forbes says when determining the list, it screens for natural hazard risks, primary care doctor availability, and crime while also focusing on "high quality retirement living at an affordable price."

With no particular ranking, the best cities include:

Athens, Georgia
Augusta, Georgia
Bethlehem, Pennsylvania
Charlotte, North Carolina
Columbia, Missouri
Dorado, Puerto Rico
Fargo, North Dakota
Greenville, South Carolina
Iowa City, Iowa
Las Cruces, New Mexico
Lawrence, Kansas
Lexington, Kentucky
Lincoln, Nebraska
New Braunfels, Texas
Pensacola, Florida
Pittsburg, Pennsylvania
Pittsfield, Massachusetts
Roanoke, Virginia
Rochester, Minnesota
Savannah, Georgia
Sioux Falls, South Dakota
Spokane, Washington
Tucson, Arizona
Virginia Beach, Virginia
Yuma, Arizona

The publication describes Rochester as: "Proud home of famed Mayo Clinic and 124,000 people, 85 miles southeast of Minneapolis. Median home price $320,000, 19% below national median. Cost of living 6% below national average. PROS: Outstanding ratio of primary care doctors per capita. Good air quality. Low serious crime rate. Very bikeable. Relatively low vulnerability to natural hazards. CONS: Cold winters. Not very walkable. Difficult retiree tax climate: State taxes Social Security as part of progressive state."