Wisconsin
The cost of living in Wisconsin lies 4 percent lower than the U.S. average. With a population of 5.8 million, this state is not out of the question for city dwellers. Madison is the best city for retirees. In general, Wisconsin has a low cost of living, and there are certain tax breaks for low-income retirees. If you like cheese, you can get your fix here. However, it is not the most tax-friendly income. On top of that, it has the lowest household income for senior citizens in the country. Social Security might be exempt but other retirement income is often taxable. Healthcare costs are pricier than usual as well.
Wisconsin
Illinois
Illinois has a population of 12.9 million and a cost of living that is 4 percent lower than the U.S. average. According to Niche.com, Leland Grove is a good choice for retirement living. The fiscal standing of the state has been going down for quite some time, however. Sadly, it is also the second-lowest fiscally secure state. Tax breaks on various retirement incomes are not guaranteed, and sales taxes are high.
Illinois
