Relocating to a new city is never as simple as pointing one's finger at a map and deciding to live where it lands. And it shouldn't be. Before packing up, there are numerous factors to evaluate such as cost of living, education standards, health-care quality, or tax burden. But whatever one's motivations are for moving, safety should rank among the top priorities when comparing places and looking for the safest places to live.

By safety, we're not referring exclusively to protection from violence and crime. The term encompasses various categories, among them workplace safety, natural disasters, home and community stability, traffic safety, and, of course, financial security. Choosing a new place to call home can be challenging. But knowing which states offer the safest environments and the biggest bang for the buck will be useful.

With that in mind, and in observance of National Safety Month, WalletHub has identified the "Safest States to Live In." Using 26 key metrics, we've sorted the states according to different safety standards that take into account data related to crime, traffic accidents, employer insurance coverage, climate disasters, consumer bank accounts, and more. Check out the methodology section here for more detailed information on how we ranked each state.

Source: WalletHub.

Take advantage of this little-known tax "loophole"
Recent tax increases have affected nearly every American taxpayer. But with the right planning, you can take steps to take control of your taxes and potentially even lower your tax bill. In our brand-new special report "The IRS Is Daring You to Make This Investment Now!," you'll learn about the simple strategy to take advantage of a little-known IRS rule. Don't miss out on advice that could help you cut taxes for decades to come. Click here to learn more.

Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Compare Brokers