Although for generations it has been Florida, due to its tropical weather and beachy and quiet environment, that has been deemed the best place to settle in one's golden years, there are new competitors to go to and relax after a hard life's work, as Bankrate turns in its list of best and worst cities to retire.

Taking into account factors such as cost of living, tax rate, walkability and crime rate, Bankrate's list of best and worst cities to retire sets a great example for those who are looking to enjoy their golden years in peace and quiet after having worked for decades as well as raising now-grown children.

Specifically, the list of best and worst cities to retire took the following factors into account, according to Bankrate's website: quality of health care (particularly for the elderly), general cost of living, tax and crime rates, weather, walkability and general well-being in the area, and in all, it seems like Arizona takes the pie.

As ABC News reports, it's fairly shocking that, taking these selling points into consideration, there was only one Florida town that made it into the list of best and worst cities to retire, and rather on the lower side of the ranking: on the eighth spot, the only Sun State entry is Cape Coral; in other words, neither Boca Raton nor Tampa made it to the top.

As USA Today reports, the top of the list of best and worst cities to retire are Phoenix, Arizona on the "good" list and New York City, New York on top of the "bad" one, after the Bankrate surveyed 172 cities all over the country.

Best places to retire in:

1. Mesa, Arizona (Phoenix metropolitan area)

2. Arlington/Alexandria, Virginia.

3. Prescott, Arizona.

4. Tucson, Arizona

5. Des Moines.

6. Denver, Colorado.

7. Austin, Texas.

8. Cape Coral, Florida.

9. Colorado Springs, Colorado.

10. Franklin, Tennessee.

Worst places to retire in:

1. New York City.

2. Little Rock, Arkansas.

3. New Haven, Connecticut.

4. Buffalo, New York.

5. Newark, New Jersey.

6. Albany, New York.

7. Hartford, Connecticut.

8. Oakland, California.

9. Indianapolis

10. Cleveland

The site notes that this best and worst cities to retire are only suggestions, and it doesn't mean the "worst" ones should be avoided altogether.