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

Published on 08/20/2019
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Kansas

You should also look into the idea of retiring in The Sunflower State. The cost of living there is 14 percent lower than the national average. Kansas has a population of 2.9 million. Eureka is a suitable city for many retirees. The scenic natural landscapes in the state will appeal to anyone who appreciates gorgeous plains and prairies. However, the state is not in the best financial shape. It is raising taxes to make up for it. Many retirement incomes, even Social Security, are going to be subjected to state taxes that range from 3.1 to 5.7 percent. If you are budget conscious, keep reading.

Kansas

Kansas

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Kentucky

The Bluegrass State might be the retirement state you are looking for! With a population of 4.4 million, the cost of living in Kentucky is 14 percent lower than the U.S. average. Lexington is a city that many retirees like. Retirees enjoy high tax breaks as well! Social Security as well as $41,110 of other income sources get exempted from taxes. However, the health costs for senior citizens are not the cheapest. In fact, it is more or less the national average. Senior health is pretty bad thanks to high rates of poverty, physical inactivity, and smoking. It might be hard to look for a good nursing home as well.

Kentucky

Kentucky

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