5 Best States for Retirement in the US in 2024

4. Florida

Insider Monkey Score: 24    

IM Healthcare Rank: 29

Cost Of Living Index: 100.7 

Tax Friendliness: Very Tax Friendly

No list of best states for retirement is complete without Florida. Even though the state may be getting overcrowded and expensive over the years, it still holds a special place in the hearts of many. This special place may be due to the weather and beaches, but it’s also because of its tax-friendly status and affordable cost of living.