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

Published on 08/20/2019
ADVERTISEMENT

New Hampshire

New Hampshire is a good option because it is a tax-friendly state that does not tax retirement income. This small New England state has a population of 1.3 million. Gilford is a great city to live in. If you have healthcare needs, you will be glad to know that the United Health Foundation reported that the state is the fifth-best for senior health. Let us not forget that it boasts of awe-inspiring landscapes. While the cost of living is still 18 percent higher than the national average, the tax conditions alleviate some concerns. Some people might not enjoy the humid summers and cold winters, however.

New Hampshire

New Hampshire

ADVERTISEMENT

Oregon

Let us take a look at Oregon to see if this is a good place for you to retire in. With a population of 4 million people, most retirees seem to prefer living in Gold Beach. Healthcare costs are pretty good at 2.6 percent below the U.S. average. It also offers lots of outdoorsy activities for senior citizens, although the rain can be a problem during the rainy season in September. While Social Security is tax-exempt, most retirement income is not. In fact, the state boasts of a 9.9 percent income tax, which makes it one of the highest across the country. The cost of living is 18 percent higher than the US average, but the income for senior citizens is on the low side at around $45,000.

Oregon

Oregon

ADVERTISEMENT