Forbes 25 Best Places To Retire 2012

By:
06/21/2012 04:06 PM ET

Forbes has released its 25 best places to retire list for 2012, and this year has some changes that favor moderate cost of living, the average home price, good air quality, and a solid economy.

As the economy slowly recovers, many retirees are looking for stability, and most baby-boomers aren’t afraid to raise the cost of living.

Some cities, such as Albuquerque, have lower taxes and active-lifestyle encouragements.

Warmer climate isn’t a big factor this year as most people are choosing favorable weather.

Here’s the full list:

As you can see, the list reflects what retirees say they want and there’s a slightly bigger bias toward warmer climates in states like Florida, New Mexico and Arizona. Only about a half-dozen Best Places are located in what could be called chilly parts of the country.This group includes Bloomington, Ind., Fargo, N.D. and Pittsburgh.

However, the bigger bias is the importance we place on day-to-day economic issues: the average price of a home, the cost of living and the tax burden on retirees. So there are no entries here from states where it costs a lot to get by, such as California, Connecticut, New Jersey and New York.

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