5 States for Couples Retiring on Just Social Security in the US

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This article takes a look at the 5 states for couples retiring on just social security in the US. If you wish to check out our detailed analysis on a couple’s guide to budget retirement living, you may go to 15 States for Couples Retiring on Just Social Security in the US.

5. West Virginia

Insider Monkey Score: 60

Cost of Living Index: 87.7

Tax Friendliness: Tax-Friendly

Health Index: 96.6

Average Rent (2-bedroom): $920

Coming in at 5th position is West Virginia. West Virginia boasts a cost of living that is 12.3% lower than the national average. The state also has low property and sales taxes, making it a tax-friendly state. It has been phasing out the tax on Social Security benefits as well. Presently, the state grants a tax deduction on all Social Security benefits for individuals with a federal adjusted gross income of less than $50,000 or married couples with a federal adjusted gross income below $100,000.

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