The Top 5 Cities for Retirees

Metros consistently named as the best retirement destinations have temperate weather, high quality health care, and affordable housing.

Austin, Texas ranked number one on CNBC's list, the deciding factors being low cost of living, low taxes, a soaring social and dining scene, and good weather. San Antonio is one of the most affordable retirement destinations with below average taxes, and a median rent per month of $1,450.

Pittsburgh may have scored poorly for weather, but the area's low cost of living and top-notch health care at the University of Pittsburgh helped pull it to the No. 1 spot on Bankrate's list. (It also made the best lists for U.S. News and WalletHub.)

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