Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

10 Worst States to Live on Just a Social Security Check

December 20, 2022 · Personal Finance
new jersey
Photo by SeanPavone from Envato

5. New Jersey

  • Cost-of-living index: 115.2
  • Average one-bedroom rent (January 2022): $1,490

Here’s another state that you may want to scratch off the list if you live on just Social Security checks. One of the original 13 states, New Jersey, was a major battleground during the American Revolution. The Garden State is a fascinating place that’s often overlooked, partly because of its more well-known neighbor, New York.

Almost everything is more expensive than average there, but the most dangerous hidden cost is definitely the state’s extremely high taxes — property taxes, in particular. According to the latest data, New Jersey’s residents pay nearly $1 million in taxes over the course of their lifetimes. In fact, that’s more than what residents of any other state would pay.

So New Jersey isn’t the type of place where you’d want to spend your golden years if Social Security checks are your only source of income.

Pages: 1 2 3 4 5 6 7 8 9 10 11

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

52 comments on “10 Worst States to Live on Just a Social Security Check”

  1. Ed Dale says:
    January 7, 2026 at 9:39 am

    I left Taxachusetts 50 years ago. Moved to Alaska!!!! Best thing I ever did. No personal State income tax!!! No State sales tax. Yes it gets cold and dark in winter. But summers are beautiful. Warmth and all the sunlight. It’s home!!!!!! HOME is where you make it. Playing golf at midnight is awesome!!! Each year eligible citizens get a Permanent Fund Dividend check from the State from the oil revenues received from oil revenue taxes. But the best part is the beauty of it all. Hunting, fishing, scenery, the people. It’s just different from the Lower 48!!!!!

    Reply
  2. LINDA STEPHENS says:
    February 3, 2025 at 1:41 am

    That isn’t a picture of Washington. That is Washington, DC. Duh???

    Reply
  3. Betty says:
    February 2, 2025 at 2:33 pm

    You forgot Texas. Even the winter Texans commented on how higher prices are, then at home.

    Reply
  4. Shelly Weger says:
    January 7, 2025 at 2:46 am

    Take me off the Lists!

    Reply
  5. Robert Morris says:
    January 6, 2025 at 9:00 pm

    By the way, Washington D.C. is not in the state of Washington. The Washington Monument shown in the picture is in Washington D.C.

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Search

Latest Posts

  • Split-screen watercolor illustration showing an older man in a library with a $5,181 check and an older woman in a kitchen with a $2,076 che Morgan Freeman vs. the Average American: Who Gets More in Social Security?
  • An editorial illustration of a person guided through a bank-wall maze away from a basic account door toward a premium fee-paying door. These Banks Are Accused of Pushing Customers Away From Basic Accounts
  • An ink and watercolor illustration of an older couple entering a cozy, sunlit neighborhood diner. The SNAP Restaurant Meals Program: Which States Allow Seniors to Use Benefits at Restaurants
  • A mid-century gouache illustration of a relaxed retired man sitting in a lounge chair with a tablet, balancing work and leisure. 12 Stress-Free Jobs for Retirees With High-Salaries
  • A retired couple relaxing on a stone terrace overlooking a Mediterranean coastal village during sunset, captured in warm film photography. The 30 Best Countries to Spend Your Retirement In – Which One Is Your Favorite?
  • An active retiree in his late 60s working part-time at a sunlit plant nursery greenhouse, watering green seedlings. The Part-Time Jobs With a 401(k) Match That Most Retirees Don't Know Exist
  • A woman sits on a moving box in her urban apartment, looking at a laptop showing scenic mountain relocation programs. These US Towns Will Pay You to Move There
  • An editorial illustration of a mailbox with a Social Security check inside, having a 32% slice snipped off by scissors labeled Medicare. Medicare Part B Ate 32% of Last Year's COLA. Will It Happen Again in 2027?
  • A smiling retired woman with silver hair holding car keys while leaning against a silver compact car in a sunny suburban driveway. 10 Retirement Part-Time Job That Comes With a Company Car
  • An editorial illustration of a giant red 4.7% symbol casting a dark storm cloud shadow labeled inflation over a house. How the 2027 COLA Could Reach 4.7% - And Why That's a Warning Sign

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

A collage showing a person's silhouette made of shredded medical forms and a Medicaid card, with a padlock symbolizing protection.

Find Out If You Were a Victim of Medicaid Fraud!

Learn how to spot the early warning signs of Medicaid fraud, protect your medical identity,…

Read More →
A senior man in a knit sweater sits at a sunny wooden desk at home, organizing legal documents and folders in a quiet morning setting.

9 Things Retirees Should Put in Writing

Learn the 9 essential legal and financial documents every retiree needs to put in writing…

Read More →
cost of living

Top 11 US States Rated by the Cost of Living

New Jersey Another not-so-friendly state for retirement is New Jersey. The state marks a high…

Read More →
An older man sitting at a sunlit kitchen table, marking dates on a paper calendar next to a coffee mug.

Social Security Updates Taking Effect in July 2026 – What Retirees Should Expect

Discover the critical Social Security changes taking effect in July 2026, including payment schedule shifts,…

Read More →
A senior citizen reviews paperwork and a smartphone showing a website at a sunlit table.

Beyond Social Security: Other Government Benefits You May Qualify For

Common Questions and Concerns It’s natural to have questions when exploring new financial territory. Here…

Read More →
prepare for a recession

6 Essential Steps to Prepare for a Recession!

Nowadays, with the rise of inflation and overall financial instability, it might be a good…

Read More →
scams

8 Dangerous Financial Scams Targeting Seniors

While this may make your stomach turn, lots of senior citizen scams happen every day.…

Read More →
annuity

Is an Annuity a Good Idea if You Don’t Have High Net Worth?

A woman holds a glowing shield-shaped puzzle piece, illustrating how the right financial security fits…

Read More →
Donald Trump Money Secrets tax plans tariff

Trump’s Tariffs Hit Close To Home: Reevaluate These 10 Household Expenses

As you might have already guessed, President Trump’s trade wars, hugely defined by sweeping tariffs…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.