What is the most affordable state to live for seniors?

Asked by: Leora Shanahan  |  Last update: September 25, 2025
Score: 4.2/5 (19 votes)

Cheapest States to Retire In
  • Arkansas. ...
  • Oklahoma. ...
  • West Virginia. ...
  • Tennessee. ...
  • South Carolina. Cost of Living: Below national average. ...
  • Kentucky. Cost of Living: Low cost of living and healthcare costs. ...
  • Louisiana. Cost of Living: Lower than average living costs. ...
  • Georgia. Cost of Living: Lower healthcare costs.

What is the least expensive state for seniors?

West Virginia's affordability is largely driven by its low housing costs and more modest expenses for healthcare, transportation, and utilities compared to other states. These savings make it possible for retirees to live comfortably without requiring massive savings.

Where is the best place for poor seniors to live?

Can you retire to a place that's both affordable and fun? We found out.
  • Decatur, Alabama. Cost of living for retirees: 11.0% below U.S. average. ...
  • Prescott, Arizona. ...
  • Hot Springs, Arkansas. ...
  • Grand Junction, Colorado. ...
  • Punta Gorda, Florida. ...
  • Sandy Springs, Georgia. ...
  • Boise, Idaho. ...
  • Bloomington, Indiana.

Where is the safest and cheapest place to retire?

If you are looking for a place to call home in retirement, the No. 1 city to look into is Pinehurst, North Carolina. The cost of living is more than reasonable and the crime rates are good enough to crown it as the number one place to feel safe in your retirement.

What is the best state for low-income seniors?

In conclusion, West Virginia stands out as the most affordable state for those aspiring to achieve financial independence and retire early. With its low cost of living, tax advantages, natural wonders, and welcoming communities, it's the perfect place to turn your retirement dreams into reality.

10 Safest and Most Affordable Places to Live in the United States 2024

24 related questions found

Which state has the lowest cost of living?

  • Arkansas. #1 in Cost of Living. #47 in Best States Overall. ...
  • Mississippi. #2 in Cost of Living. #48 in Best States Overall. ...
  • Alabama. #3 in Cost of Living. ...
  • South Dakota. #4 in Cost of Living. ...
  • Iowa. #5 in Cost of Living. ...
  • North Dakota. #6 in Cost of Living. ...
  • Oklahoma. #7 in Cost of Living. ...
  • West Virginia. #8 in Cost of Living.

What is the safest state for seniors to live in?

New Jersey takes the top spot as the safest state to retire, thanks to its low rates of property and violent crimes against seniors (523.2 and 33.9 per 100,000, respectively), fewer fall-related deaths among older adults (35.4 per 100,000), and minimal senior involvement in fatal traffic accidents (11.5 per 100,000 ...

Where is the best place for elderly to live in the USA?

Florida, Colorado, and Virginia rank as the top three states for retiring seniors, according to WalletHub.1 In a recent study, they compared all states based on 46 indicators in three key categories: Affordability, which includes tax benefits, cost of living, and more.

Can you retire in the Philippines on $1000 per month?

To live comfortably in the Philippines, you will need a monthly budget of around $1,000.

What is the most retirement friendly state?

9 Best States to Retire
  • Delaware. ...
  • Florida. ...
  • Georgia. ...
  • Maryland. ...
  • New Jersey. ...
  • North Carolina. ...
  • Pennsylvania. Pennsylvania is rich in history. ...
  • South Carolina. South Carolina offers a pleasant climate, diverse activities, and abundant amenities.

Where do the happiest seniors live?

Top 20 Happiest Cities to Retire
  1. Barnstable, MA. Coming in at the top of the happiest cities to retire in the U.S. list is Barnstable. ...
  2. Naples, FL. Those who want to live by the water and enjoy warmer weather can head south to Naples. ...
  3. Ann Arbor, MI. ...
  4. Durham, NC. ...
  5. Boulder, CO. ...
  6. North Port, FL. ...
  7. Olympia, WA. ...
  8. San Jose, CA.

What is the cheapest way for a senior to live?

Seniors can save money on housing by choosing to stay in their own homes and becoming a member of a local virtual retirement community. Virtual retirement communities are grassroots, nonprofit organizations that provide older adults with a variety of accessibility services.

What state helps seniors the most?

The best state to live in for seniors is Utah, which offers a combination of low assisted living costs, high-quality healthcare, and a strong overall quality of life. Utah has earned the title of the healthiest state for older adults, reflecting its supportive services and solid health outcomes.

What country is best for seniors to live?

  • Switzerland. #1 in Comfortable Retirement Rankings. ...
  • New Zealand. #2 in Comfortable Retirement Rankings. ...
  • Portugal. #3 in Comfortable Retirement Rankings. ...
  • Australia. #4 in Comfortable Retirement Rankings. ...
  • Spain. #5 in Comfortable Retirement Rankings. ...
  • Canada. #6 in Comfortable Retirement Rankings. ...
  • Denmark. ...
  • Netherlands.

What state has the lowest rent for seniors?

Oklahoma has been deemed the most affordable state in the nation for seniors, in a new ranking that looked at both the costs and accessibility of care and services.

Where are retirees moving to in 2024?

It's no secret why Florida continues to be one of the best states to retire in 2024. With a warm and sunny climate, retirees enjoy Florida's beautiful beaches and outdoor activities year-round. From the Gulf Coast to the Atlantic, Florida offers endless opportunities for leisure.

Where is the safest place to live in the Philippines?

Davao is the largest city in Mindanao and is considered one of the safest cities in the Philippines. The city has strict laws and regulations, ensuring a peaceful environment and low crime rates. This makes Davao a great place to live for expats who value safety and security.

Is $1000 a month enough to live in the Philippines?

With careful planning and responsible spending, $1,000 monthly is adequate to live comfortably in the Philippines. This amount allows for necessities, modest leisure activities, and a buffer for unforeseen expenses.

What country is the safest and cheapest to retire in?

For those who wish to retire to safe havens that offer cheap living expenses, some of the cheapest and safest countries to retire to include Indonesia, Ghana, Romania, North Macedonia, and Vietnam.

What country takes the best care of seniors?

The Countries With the Best Elderly Care
  • Norway. With its strong sense of community, 100% pension coverage and financial security for older adults, it's no wonder that Norway is consistently found in the number one spot. ...
  • Sweden. ...
  • Switzerland. ...
  • Germany. ...
  • Canada. ...
  • The US. ...
  • Great Britain. ...
  • Staggered care systems.

What is the happiest state to retire in?

The results

The top two states to retire in according to our formula are — drumroll please — Alaska and New Hampshire!

What is the friendliest state for seniors?

Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, and Wyoming are the top tax-friendly states for retirees. All of them have no personal income taxes. 1 Other taxes, cost of living, and overall quality of life are also important considerations.

Where is the least expensive place to live for seniors?

Read on to explore the cities with the most affordable housing that notched highly on the U.S. News 2024 Best Places to Retire ranking.
  • Omaha, Nebraska.
  • Montgomery, Alabama.
  • Davenport, Iowa.
  • Green Bay, Wisconsin.
  • Hickory, North Carolina.
  • Wichita, Kansas.
  • Huntsville, Alabama.
  • Fort Wayne, Indiana.

Which states have no property tax for seniors?

The following states offer partial exemption on property taxes for seniors and people over 65.
  • Hawaii. In Hawaii, if you're 65 or older, you could knock $160,000 off your home's assessed value, reducing your property tax liability. ...
  • Louisiana. ...
  • Alaska. ...
  • New York. ...
  • Washington. ...
  • Mississippi. ...
  • Florida. ...
  • South Dakota.