Where you live shapes a big part of your daily life.
And when you're retired, you'll most likely have a lot more free time to entertain yourself — and a fixed income to do it with. That means your money will be more important than ever.
If so, you might want to avoid the high cost of living in Maryland, according to Jeff Ostrowski, an analyst at Bankrate.com.
The Old Line State ranked dead last in accommodating retirees in a 2021 Bankrate study, a result that can be attributed to how expensive it is to live there, Ostrowski said.
Get Chicago local news, weather forecasts, sports and entertainment stories to your inbox. Sign up for NBC Chicago newsletters.
Check out this video to learn more about how the rankings work and which other states retirees may want to avoid.
SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox.
Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.