10 Best States to Retire in for Taxes and Cost of Living

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In this article, we will take a look at the 10 best states to retire in for taxes and cost of living. If you wish to check out our detailed analysis on Retirement taxes and cost of living, you may go to 25 Best States to Retire in for Taxes and Cost of Living.

10. Georgia

Tax-friendliness: Very Tax-friendly

Cost of living: 91

One of the best states to retire in for taxes and cost of living is Georgia. There are no taxes on social security retirement benefits. Moreover, seniors aged 65 or older can receive a maximum deduction of $65,000 for other types of retirement incomes. Sales and property tax rates are moderate, while cost of living is 9% below the national average.

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