When it comes to the best states to live in, a new WalletHub analysis places Florida just outside the top 5.

WalletHub, a personal finance management company, looked at all 50 states and compared dozens of factors to determine the list. Those factors include cost of living, job availability, quality of education and safety, among other criteria.

Each state was then given a total score. Florida landed at 58.51, placing it as the sixth-best state to reside in.

According to WalletHub economists, Florida ranked third for safety and fourth for quality of life.

Florida takes a hit, though, for its affordability, ranking 32nd in the nation. Florida was in the middle of the pack for education and health, landing at 26th. Its strong economy, however, ranks 11th.

“When deciding on a pla

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