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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39. Maryland

Cost of living: 17 percent above U.S. average
Population: 6.0 million
Best city: Chevy Chase Village
PRO: This state’s average household income for over 65s is ranked second highest in the U.S., averaging at about $70,874. The big city Baltimore lies in Maryland, and it is not far at all from the exciting sights of Washington D.C.

39. Maryland

39. Maryland

CON: Although it is true that individuals earn more money here than in the rest of the U.S., that income is heavily taxed in this state. Although social security is not taxed here, distributions from individual retirement accounts are, as well as there being an inheritance and estate tax.
NEXT: This is where the U.S. flagship Olympic Training Center is.

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38. Colorado

Cost of living: 17 percent above U.S. average
Population: 5.4 million
Best city: Colorado Springs
PRO: According to the United Health Foundation’s senior health rankings, Colorado ranks fourth place. There are also low rates of obesity and high rates of physical activity amongst its senior populations. Maybe those living in the Centennial State will also reach 100?

38. Colorado

38. Colorado

CON: Buying a house in Colorado is not easy as the market is extremely competitive in cities like Denver. There is also high altitude in the state which can take some adjusting too but once adjusted the weather is extremely enjoyable.
NEXT: It became an independent country in 1777 until 1791 when it became the U.S.’s 14th state. Bernie Sanders, the popular U.S. Senator, holds office in this state.

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