The 10 states with the cheapest cost of living for retirees, and why Florida isn’t among them

Join For Personal Benefits News

West Virginia has been rated as the 3rd-best place for pensioners as a whole and is the cheapest state to retire.

The state is the least expensive in the United States to retire in, based on Bankrate’s ranking of the “Best and Cheapest States to Retire.” This is because of its low cost of living and minimal tax load.

The little state might seem like an odd pick, yet it offers the best pricing in the country.

Based on SmartAsset, senior citizens in West Virginia can deduct expenses from their taxes to cover costs.

However, the state only comes in at number 26 in terms of overall wellness.

1. West Virginia

2. Mississippi

3. Iowa

4. Alabama

5. Missouri

6. Oklahoma

7. Indiana

8. Kansas

9. Wyoming

10. Arkansas


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *