9. Florida
- Cost-of-living index: 100.3
- Average one-bedroom rent (January 2022): $1,434
Florida is known for Miami Beach, the Everglades, and the Magic Kingdom. Nicknamed the Sunshine State, it’s also famous for its beaches, sunshine, and theme parks. The great diversity of the people who have relocated here from all over the globe is what fuels Florida’s continuing changes.
The state has also been the top retirement destination in America, but life there doesn’t come cheap. Sure, there are less expensive areas to retire, but not in America’s most loved beach paradises. Sorry, beach lovers, but this state is a big no for those living on just a Social Security check.
Keep reading to find other coveted coasts where retiring is more expensive than Florida!
6 Responses
I would think Pennsylvania should be listed as 1 of the worst states to live in for retirees
PA living is reasonable away from the cities. There is no sales tax on groceries, clothing, shoes, and non prescription meds. Residents of adjacent states travel to PA to buy clothing, shoes, and other untaxed items. Eastern PA residents go to DE to buy other stuff since DE has no sales tax at all. School taxes are high for PA property owners statewide, especially near and in the cities. Really, school taxes should be frozen or reduced for seniors at age 65 but the state legislature “won’t go there”.
The EPA wrecked most heavy industry in PA for the last 54 years and PA has had difficulty recovering lost revenue from manufacturing but continues to spend regardless.
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
and the rents DON”T have to be that high, greedy landlords,
maybe if heat/ac and lights included