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

Published on 08/20/2019
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Arkansas

Arkansas offers a cost of living that is 17 percent lower than the U.S. average. There are 3 million people living in the Natural State. Bella Vista is the perfect place to retire in, but your money will come a long way anywhere here. Health costs are also the third-best for retired couples. You can enjoy hot springs, mountains, rivers, and hot springs. However, state taxes are not as low as they can go. Luckily, Social Security and up to $6,000 on retirement income are exempted. Income tax rates can reach 6.9 percent if it is over $75,000. Keep in mind that poverty rates are pretty high too. Lastly, it is not the best place for you if you are looking for a big city lifestyle.

Arkansas

Arkansas

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Panama

Panama is the southernmost country holding its spot for the third-largest economy in Central America. In the past six years, the population of Panama has increased by nearly one million people, which proves that Panama is a highly desirable place to live. The largest city in the country is Panama City, which is home to about one million people. The weather in Panama remains hot nearly all year, and in some months it can also bring a lot of humidity. If you’re a summer person and someone who wants to be in the sun all year, Panama may be the place for you! The main language in Panama is Spanish.

Panama

Panama

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