The 20 Best and Worst Towns to Retire in

Norfolk, Va

• Property Tax Rate: 1.055 percent
• Cost of Living: 97.6
• Average Monthly Health Insurance Cost: $296

You don’t have to travel far to get to the next state on the list of best options for retiring rich: Norfolk is about a 90-minute drive from Richmond.

However, despite scoring two cities in the top 10, not all Virginia residents appear to be planning to retire rich: Most admitted to only having between $10,000 and $49,999 saved for retirement in a GOBankingRates survey.