Tulsa No. 9 for retiree living costs

Tulsa ranks ninth in the nation in a cost-of-living rating for retirees, according to a new study by Wallethub.com.

Tulsa is No. 22 in the overall ranking of cities across the nation.

The study  – “2015’s Best and Worst Cities to Retire” – states that more and more Americans are delaying retirement for financial reasons and one fourth of all Americans have no money saved for retirement. In 2014, 23 percent of workers expected to retire at age 65, but only 11 percent actually were able to, according to the Employee Benefit Research Institute’s latest Retirement Confidence Survey.

Among the employed participants in the survey, 50 percent cited cost of living and daily expenses as impediments to saving for retirement. WalletHub compared 24 aspects of the affordability, quality of life, health care and availability of recreational activities in the 150 largest U.S. cities. Those factors ranged from the cost of living to public hospital rankings to the percentage of the population aged 65 and older.

Tulsa’s ranks were:

  • No. 9 – Adjusted cost of living
  • No. 29 – Number of adult volunteer activities per capita
  • No. 32 – Percentage of population age 65 or older
  • No. 50 – Elderly friendly labor market
  • No. 53 – Number of recreation and senior centers per capita
  • No. 72 – Adjusted cost of in-home services
  • No. 78 – Number of home-care facilities per capita

2015’s Best and Worst Cities to Retire Overall Rank

  1. Tampa, Florida
  2. Scottsdale, Arizona
  3. Boise, Idaho
  4. Cape Coral, Florida
  5. Orlando, Florida
  6. Sioux Falls, South Dakota
  7. Baton Rouge, Louisiana
  8. Port St. Lucie, Florida
  9. Overland Park, Kansas
  10. Peoria, Arizona
  11. Springfield, Missouri
  12. Tulsa
  13. Oklahoma City
  14. Wichita, Kansas
  15. Grand Prairie, Texas
  16. St. Louis, Missouri
  17. Plano, Texas
  18. Kansas City, Missouri
  19. Dallas, Texas
  20. Irving, Texas
  21. Garland, Texas
  22. Little Rock, Arkansas
  23. Fort Worth, Texas
  24. Houston, Texas

Lowest Adjusted Cost of Living

  1. Laredo, Texas
  2. Memphis, Tennessee
  3. Jackson, Mississippi

Highest Adjusted Cost of Living

  1. New York, New York
  2. San Francisco, California
  3. Honolulu, Hawaii

Lowest Annual Cost of In-Home Services

  1. Brownsville, Texas
  2. Shreveport, Louisiana
  3. Montgomery, Alabama

Highest Annual Cost of In-Home Services

  1. San Francisco
  2. Oakland, California
  3. Fremont, California

Highest Percentage of Employed People Age 65 and Older

  1. Anchorage, Alaska
  2. Plano, Texas
  3. Grand Prairie, Texas

Lowest Percentage of Employed People Age 65 and Older

  1. Hialeah, Florida
  2. Detroit, Michigan
  3. Fontana, California

Most Fishing Facilities per Capita

  1. Fort Lauderdale, Florida
  2. Tampa, Florida
  3. Miami, Florida

Fewest Fishing Facilities per Capita

  1. Philadelphia, Pennsylvania
  2. Fort Worth, Texas
  3. Columbus, Ohio