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Your email address will not be published.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

  • Laptop showing an order return screen beside folded cardigans, a shipping box, and a return label on a table. 10 Store Return Tricks That Backfire on the Shopper
  • A senior couple sits at a wooden table, with the woman reading a retirement summary paper while the man drinks coffee. 7 Reasons Retirees Are Choosing Fixed Indexed Annuities
  • A mature man sits on a sunny terrace overlooking a hillside town, beside a steaming mug and a tablet displaying bank balances. 12 Countries Where American Retirees Can Bank Without Extra Fees
  • A woman sits at a wooden dining table reviewing retirement account paperwork alongside folders, mail, and eyeglasses. 10 Signs You Need to Update Your Beneficiaries Now
  • Man sitting at an outdoor café table examining a U.S. passport, tax documents, and an espresso cup. 12 Countries With Tax Treaties That Protect Retiree Income
  • Senior couple sitting at a wooden table in a sunlit kitchen, the man drinking from a mug and the woman reading a book. 11 Money Habits That Separate Relaxed Retirees From Anxious Ones
  • Senior man sitting at a wooden table looking thoughtfully at a financial portfolio on a digital tablet. 8 Reasons Retirees Are Ditching Traditional Banks
  • Watercolor illustration of a senior couple walking down a trail past milestone markers labeled 2027, Tax Policy, and 2028. What Are the Projected IRMAA Brackets for 2027 and 2028?
  • Senior man sitting at a wooden desk with paperwork, a pen, and a steaming mug, looking thoughtfully out a window. 12 Biggest Money Mistakes to Avoid in Your 70s
  • A senior couple reviews financial documents, a monthly budget, and a year-end planner at a dining table. 8 Ways Retirees Could Save $10,000 by the End of the Year

Newsletter

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

Related Articles

budget

How to Create a Budget for Anything in 6 Easy Steps

Creating a budget has never been an easy task, and sometimes it might become a…

Read More →
small towns to retire in

5 Amazing Small Towns to Retire In for Only $2,300 a Month

West Virginia: Wheeling Small towns to retire in are all over the United States, but…

Read More →
social security stealth return, tax your social security

These 6 Things Will Cut Down Your Social Security Payments

6. Living arrangements The living situation of current Supplemental Security Income (SSI) users may affect…

Read More →
free tax assistance avoid

Sitting on A Gold Mine? Here’s how To Avoid Paying Taxes (6 Law-Proof Methods)

It’s no secret that individuals and business owners have more than one way to complete…

Read More →
clothes product

Budget Dressing: How to Save Money on Clothes (10 Tips)

A young man thoughtfully checks a budget app on his phone while browsing through racks…

Read More →
social security

Social Security Could Slash Benefits by 2035 If No Action is Taken!

A pensive man gazes out a window, holding a mug while contemplating the future safety…

Read More →
A person sits at a desk reviewing documents related to retirement planning, with a calculator and smartphone visible.

How to Maximize Your Social Security Payout: A 10-Step Checklist

Step 6: Coordinate Claiming Strategies with Your Spouse If you are married, your Social Security…

Read More →
A senior couple reviews their household budget on a laptop in a bright, modern kitchen.

Social Security’s 2027 COLA Could Be the Smallest in Years

Early projections indicate the 2027 Social Security COLA could be the smallest in a decade.…

Read More →
Make Money While You Sleep

15 Ways to Make Money While You Sleep

Start your day with a steaming latte and a laptop screen showing your financial investments…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Contact
  • Editorial Policy
  • Advertiser Disclosure
  • FAQ
  • Subscribe
  • Unsubscribe
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Do not sell my personal information
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.