1. Hawaii
- Cost-of-living index: 193.3
- Average one-bedroom rent (January 2022): $1,706
Hawaii is, without a doubt, a tropical oasis that we all want to visit. A short, direct flight away from San Francisco, Hawaii has pristine beaches, crystal-clear waters, and towering volcanoes.
But besides idyllic islands sitting in the Pacific Ocean, what is the Aloha State famous for? Well, Hawaii is also known for its incredibly high costs, so retiring in this paradise isn’t cheap, especially if you live on just a Social Security check.
Right in the middle of the ocean between Far East Asia and America’s West Coast, the state imports everything it cannot produce on its own. According to the latest data, the typical home in Hawaii now costs more than $800,000.
You may also want to read 10 Unbelievable Things Your Taxes Are Paying For.
4 Responses
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
If your only source of income is Social Security and you don’t own a home think about a roommate and Medicare does not cover ALL MEDICAL Expenses I get billed for Dr visits