(CSi)  In a new study, SmartAsset crunched the numbers to find the best states for an early retirement, and North Dakota ranks in the fifth spot!

North Dakota offers early retirees the eighth-lowest effective tax rate, which includes income and sales taxes. Along with the low taxes, the housing costs in North Dakota are low. Using Census Bureau data, we estimate the annual cost of housing to be less than $9,600 per year. Finally, North Dakota ranks ninth-highest for arts, entertainment and recreation establishments per 10,000 residents, providing early retirees with activities and events to enjoy.

Details on the study, including full methodology and rankings, can be found here: https://smartadvisormatch.com/data/best-states-for-early-retirement-2018-edition.