3. New York
- Cost-of-living index: 148.2
- Average one-bedroom rent (January 2022): $1,588
New York — one of the most famous cities in the entire world. Also called the Empire State, this vibrant place is known for its flashy Broadway performances, exclusive shops, and amazing skyscrapers.
Despite all these awesome things, New York is highly overpriced, especially for those who rely solely on their Social Security checks. In fact, Manhattan ranks as the most expensive place to live in America, with costs exceeding 138.6% above the national average.
With the national baseline set at 100.0, the housing expenses in New York are a staggering 230.1 on the cost-of-living index. Utilities are a little below average, and healthcare is only a little above, but everything else is more expensive in New York.
Retirees here may have an average income that’s among the top five in the US, but according to the latest data, the age group of 65 and older suffers an 11.4% poverty rate. So forget about moving here if you live on just a Social Security check.
I would think Pennsylvania should be listed as 1 of the worst states to live in for retirees
Comments about #3 New York zero in on NYC which is not the real New York. When it comes to New York State “go west young man, go west”. NYC is too expensive plus it’s a rat-infested pit. Go westward into New York and live a much better quality of life. Avoid NYC at all cost!
Western NY born, raised, and educated and lovin’ it.
You forgot IL
I did not know that the Washington Monument is located in the state of Washington.
Not surprised MA made this list. I am working while also collecting Social Security. I have family here for now, but in the future would look to move.
Is it just me or has anyone else noticed that the 10 worst states except Florida are all blue states? If one does go to Florida, then just keep on working or look to live in senor Housing Authority.
Learn the difference between Washington tge state and Washington D. C.