Here Are The Best States To Retire, Ranked From Most Expensive To Cheapest

Published on 08/20/2019
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Maine

Maine has a population of 1.3 million, and the cost of living is 2 percent lower than the national average. Portland is an awesome city that fascinates retirees. If you like lobster and seafood, this is the place to be. The healthcare costs are lower than the U.S. average, so you can live a good life on savings and retirement income. The tax situation is fine, although most retirement income is taxed. The good thing here is that Social Security is exempt. However, keep in mind that senior households earn 25.2 percent below the national average.

Maine

Maine

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Pennsylvania

Pennsylvania boasts of a cost of living that is 3 percent below the national average. With a population of 12.8 million, it should city dwellers just fine. Pittsburgh is highly recommended – in fact, Forbes named it the best city in the country to retire in! Healthcare is generally inexpensive, and tax breaks make things even easier in this state. However, the Pennsylvania financial condition is not the best, so things might change in the future.

Pennsylvania

Pennsylvania

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