South Dakota
The cost of living in South Dakota is higher than the national average by 4 percent. There are only 882,000 people living in the state and Hot Springs seems to be popular among senior citizens. South Dakota is the “Most Tax-Friendly” state and on top of that, nature lovers will have plenty of things to do here. The cold and blizzards make the state less than ideal in terms of the weather and big cities are not found around the area.
Montana
Montana has a cost of living that lies 3 percent above the U.S. average and a population of 1.062 million, as reported by the U.S. Census Bureau. Retirees seem to like Glasgow. The state is definitely beautiful, which is evident from the natural wonders it has, such as the Glacier and Yellowstone National Parks. Kiplinger reports that the state has one of the country’s highest senior populations, but it is “Not Tax-Friendly.” The levels of income are lower than average and the state imposes taxes on most retirement incomes, including Social Security!