ChatGPT Suggests: Do Not Retire in These 5 Places

Retirement is a time to enjoy the fruits of your labor, but choosing the wrong location can turn your golden years into a struggle. Here are five places that ChatGPT suggests you might want to avoid for retirement, based on factors such as cost of living, healthcare quality, safety, and overall quality of life with data sourced from Zillow, Bureau of Labor Statistics, and more to create this comprehensive list.

Median Home Price: $732,594

Average Cost of Living (single-person): $1,574 

Average Crime Rate: 38 per one thousand residents

While the Big Apple offers a vibrant culture and endless entertainment options, it’s also one of the most expensive cities in the United States. The high cost of living, coupled with the fast-paced lifestyle, might not be ideal for retirees looking for a peaceful and budget-friendly environment.

Median Home Price: $1,236,502

Average Cost of Living (single-person): $1,488

Average Crime Rate: 67 per one thousand residents

San Francisco is known for its steep hills and steeper prices. The city’s housing market is one of the most expensive in the country, making it a challenging place for retirees on a fixed income. Additionally, the city’s homelessness crisis and property crime rates could be concerning for older residents.

Median Home Price: $787,369

Average Cost of Living (single-person): $1,479

Average Crime Rate: 36 per one thousand residents

While the idea of retiring in a tropical paradise is appealing, Honolulu’s high cost of living can be a significant drawback. Everything from housing to groceries is more expensive here, mainly due to the island’s isolation and reliance on imports.

Median Home Price: $68,379

Average Cost of Living (single-person): $1,196

Average Crime Rate: 66 per one thousand residents

Despite its affordable housing market, Detroit ranks low on the list for retirees due to its economic instability, high crime rates, and struggling healthcare system. The city has made efforts to revitalize, but it still has a long way to go in terms of providing a secure and comfortable environment for retirees.

Median Home Price: $558,873

Average Cost of Living (single-person): $1,287

Average Crime Rate: 4 per one thousand inhabitants

While Florida is often considered a retiree haven, Miami might not be the best choice within the state. The city’s vulnerability to hurricanes, combined with rising sea levels and insurance costs, can make it a risky place to settle down. Additionally, Miami’s traffic congestion and high healthcare costs can detract from the overall quality of retirement life.

When choosing a retirement destination, it’s essential to consider your personal needs and preferences. Factors such as climate, proximity to family, access to quality healthcare, and opportunities for social engagement should all play a role in your decision. While the places listed above might have their drawbacks, they could still be the perfect fit for some retirees. It’s all about finding the right balance for your unique situation.

Places ChatGPT would suggest:

• Sarasota, Florida
• Asheville, North Carolina
• Prescott, Arizona
• Lancaster, Pennsylvania
• Boise, Idaho
• Green Valley, Arizona
• Roanoke, Virginia
• Port St. Lucie, Florida
• Pittsburgh, Pennsylvania
• Grand Rapids, Michigan

Editor's note: This article was produced via automated technology and then fine-tuned and verified for accuracy by a member of GOBankingRates' editorial team.