What is the most expensive state to retire in?

Gefragt von: Sven Mayer-Schüler
sternezahl: 4.7/5 (15 sternebewertungen)

The most expensive state to retire in is Hawaii, primarily due to its extremely high cost of living, particularly for housing, groceries, and healthcare.

What is the most expensive state to live comfortably in?

According to SmartAsset, Hawaii is the most expensive state for a single adult to live comfortably.

What state is financially best to retire in?

What are the best states to retire in for low taxes? States with no income tax — like Florida, Texas, and Wyoming — are often considered tax-friendly for retirees. These states typically don't tax Social Security benefits, pensions, or retirement account withdrawals, though property and sales taxes may still apply.

What is the hardest state to live in financially?

Worst: Vermont

Vermont ranks as the worst state to live and work in, according to the study, with an average yearly income of $65,712, an annual cost of living of $62,260, an unemployment rate of 2.6%, a safety index of 67.9, and 48.8% of employees insured.

What's the most expensive place to live in the United States?

The income you need to live comfortably in the 10 most expensive U.S. cities—it's over $200,000 in No. 1

  1. San Jose, California. Average single-family home value: $1,529,160. ...
  2. San Francisco. Average single-family home value: $1,410,552. ...
  3. San Diego. ...
  4. Los Angeles. ...
  5. New York City. ...
  6. Long Beach, California. ...
  7. Seattle, Washington. ...
  8. Boston.

Do NOT Move to These 7 Countries in 2025. Here's Why

17 verwandte Fragen gefunden

Which state is very expensive?

The most expensive state to live in, is Gujarat..

What is the #1 state to live in the US?

  • Utah. #1 in Best States Overall. ...
  • New Hampshire. #2 in Best States Overall. ...
  • Idaho. #3 in Best States Overall. ...
  • Minnesota. #4 in Best States Overall. ...
  • Nebraska. #5 in Best States Overall. ...
  • Florida. #6 in Best States Overall. ...
  • Vermont. #7 in Best States Overall. ...
  • South Dakota. #8 in Best States Overall.

Which US state has the lowest cost of living?

The cheapest state to live in the U.S. is consistently ranked as Mississippi, followed closely by Oklahoma, Alabama, Arkansas, and West Virginia, primarily due to significantly lower housing costs, lower everyday expenses like groceries and gas, and lower property taxes, though states like South Dakota offer benefits like no state income tax. 

What is the most unaffordable city in America?

At the very bottom of the list sit a large number of cities found in California. In fact, 25 of the bottom 30 are California cities. Ranking as the most 'unaffordable' city in the country is Santa Barbara, where the average price per square foot for a home is $1,300.

What is the salary needed to live comfortably in the US?

While the definition of "comfortable living" can vary from person to person, a general consensus suggests that an annual income of $75,000 to $100,000 can provide a comfortable lifestyle for many individuals and families in the United States.

What is the #1 happiest state in the US?

Hawaii is the happiest state in America for the second year in a row. Hawaii landed the top spot on WalletHub's list with an overall score of 65.50. It ranked third for emotional and physical well-being, 16th for work environment and 13th for community and environment.

What is the safest state to live in?

WASHINGTON – Wallethub has released its 2025 list of the safest states in the U.S., placing Vermont, Massachusetts and New Hampshire at the top of the list. Maine and Utah were the fourth and fifth safest states. The least safe states were Louisiana, Mississippi, Texas, Florida and Arkansas.

What is the best state to start a new life?

Top 10 States for A Fresh New Start in 2025:

  • New York.
  • California.
  • Texas.
  • Florida.
  • Tennessee.
  • Illinois.
  • Pennsylvania.
  • Iowa.

Which state do most billionaires live in?

California has 199 U.S. billionaires, the most of any state (and fourth-most in the world). Only three states—Alaska, Delaware, and West Virginia—don't have a resident U.S. billionaire.

What is America's wealthiest town?

Home to tech billionaires like Facebook's Sheryl Sandberg and Google's Eric Schmidt, not to mention the headquarters of both companies, as well as Tesla, the richest town in America remains Atherton, California, according to Bloomberg's 2020 Richest Places Index.

Where are American millionaires moving to?

Canada remains a popular choice for high-net-worth individuals, having attracted approximately 1,600 new millionaires in 2023. The country boasts a high standard of living, political stability, and stunning natural landscapes.

Where is it hardest to afford a home?

Hong Kong remains the world's least affordable housing market with a median multiple of 14.4, meaning typical homes cost more than 14 times the median household income.

What is the best state to move to financially?

Wyoming. Wyoming might be the retirement destination for those concerned about finances. The Cowboy State scored tops when it comes to taxes, in part because it has no individual income tax, and ranked 4th in overall affordability, too.

What state has the lowest taxes and cost of living?

At the top of the list are the 9 states with no state earned income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. That's not to say these are no-tax states. Many make up revenues with higher property taxes, sales tax, and other taxes and fees.