Ranked According To Cost Of Living, These Are The Best States To Retire In. What Do You Think?

Published on 07/28/2019
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47. Alaska

Cost of living: 32 percent above U.S. average
Population: 737,438 (as of 2018, U.S. Census Bureau)
Best city: Anchorage, says Yahoo! Finance
PRO: Kiplinger actually rates Alaska as a good state to retire in, as it is quite tax-friendly, but it seems that not that many retirees take advantage of this as Alaska’s senior population is quite small.

47. Alaska

47. Alaska

CON: According to Kiplinger, living costs are quite high here; at 32 percent higher than the national average, as well as high healthcare costs. And if you want to retire in a lively big city, then Alaska is not the state for you.

NEXT: Mike “The Situation”, who featured on a reality show that took place in this state on MTV, coined the catchphrase “Gym, tan, laundry”.

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46. New Jersey

Cost of living: 27 percent above U.S. average
Population: 8.909 million (as of 2018, says U.S. Census Bureau)
Best city: Long Beach Township, Ocean County says NJ.com
PRO: This state is full of things to do and see during your retirement years. Also known as The Garden State, you can walk the boardwalk and enjoy the views of the ocean in Ocean City, as well as loads of history to explore, and New York City is only a short train ride away.

46. New Jersey

46. New Jersey

CON: New Jersey has higher costs of living compared to states such as Montana and South Dakota. Property taxes and medical care is expensive according to Kiplinger, so it is not the best option for those who want to save money or for low-income retirees.
NEXT: The U.S. Navy’s official submarine museum is housed in this state.

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