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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45. Connecticut

Cost of living: 24 percent above the U.S. average
Population: 3.573 million (as of 2018, U.S. Census Bureau)
Best city: Darien, says AreaVibes.com
PRO: Kiplinger says that this state provides some of the highest incomes in the U.S. for seniors. Despite the high living costs, it can be affordable for retirees, and you can even boost your income with a retirement job.

45. Connecticut

45. Connecticut

CON: It is not the friendliest place for retirees in terms of taxes. Kiplinger says that this state has one of the worst real-estate tax rates in the country. Nearly all the retirement income is fully taxed, and some may get taxed on their Social Security benefits.
NEXT: The state tree is the sugar maple, the Eastern Bluebird is the state bird, and the beaver is the state animal.

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44. New York

Cost of living: 22 percent above U.S. average
Population: 19.54 million (as of 2018, says U.S. Census Bureau)
Best city: Great Neck, says Yahoo! Finance
PRO: Living in New York can be very convenient for retirees. Always plenty to do, you can walk all over the city, delivery services are abundant, and you never have to go too far for your necessities, and all that in a place where small apartments are the norm which are easiest to manage.

44. New York

44. New York

CON: Even though it is a fun and lively city that is pretty much walkable, New York State is probably most recommended for retirees who are comfortable financially. The state is not retiree-tax-friendly, and many over 65s suffer high poverty rates in this state.
NEXT: By size, it is the smallest state in the whole of the U.S., covering just 1,215 square miles.

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