22. New Hampshire
Cost of living: 18 percent above the U.S. average
Population: 1.3 million
Best city: Gilford
PRO: New Hampshire is relatively tax-friendly, according to Kiplinger. The state doesn’t tax any retirement income, as well as ranking fifth in senior healthcare (United Health Foundation). It also has beautiful picturesque New England scenery.
New Hampshire
CON: Those beautiful landscapes are costly though! The cost of living in New Hampshire is not exactly low, and in fact, is quite high when compared to the national average living costs in the U.S. but it may even out with the tax breaks. Also worth considering are the humid summers and the cold winters.
21. 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.
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.