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

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1. Mississippi

Tax-friendliness: Very Tax-friendly

Cost of living: 85.3

The best state to retire in for taxes and cost of living is Mississippi. The state exempts all forms of retirement income from taxation, boasts low property taxes, and even has moderate sales taxes. Cost of living is the best part, which is 14.7% lower than the national average.

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