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

Published on 08/20/2019
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Nebraska

Nebraska has a very affordable cost of living at 12 percent lower than the national average. There is good fiscal health as well! It is not the most populated state in the country with only 1.9 million residents. Niche.com granted O’Neill an “A” for retirees, so this is the ideal place to live in. It is a good idea to keep in mind that it is not particularly tax-friendly for senior citizens. Retirement income is mostly taxable. For Social Security, you only get an exemption if you make $43,000 or less on your own and $58,000 for a joint filing.

Nebraska

Nebraska

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Tennessee

Let us see how good Tennessee is for retirees. It is quite affordable thanks to the cost of living, which is 12 percent below the national average. The state of 6.5 million people is tax-friendly for retirees. It does not levy state income taxes! The big cities are pretty affordable as well. Lookout Mountain is ideal for many retirees. However, summer can be hot and humid. Aside from the weather, you should know that the traffic can get pretty bad in metro areas such as Memphis and Nashville as well.

Tennessee

Tennessee

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