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

Published on 08/20/2019
ADVERTISEMENT

Connecticut

With a population of 3.573 million, this East Coast state is also worth considering. According to AreaVibes.com, Darien is a great city. Connecticut is not all that tax-friendly for retirees because the real estate taxes are among the worst in the country. On top of that, it is still pretty pricey with a cost of living that is 24 percent higher than the national average. It is not that bad if you plan to get a retirement job, however. Just keep in mind that retirement income is taxed in its entirety and residents might also face taxes on Social Security benefits.

Connecticut

Connecticut

ADVERTISEMENT

New York

New York might make for a good choice for retirees. The Great Neck neighborhood will fetch you the best bang for your buck. New York City is walkable and offers just about every necessity and service you might need! With a population of 19.54 million people, the Empire State offers great experiences for people of all ages. Small apartments are the norm, but it is good if you want something manageable. The cost of living is higher than the U.S. average by 22 percent, but it’s not too bad. However, it is best suited for well-to-do people because it is not tax-friendly and senior citizens suffer high poverty rates.

New York

New York

ADVERTISEMENT