Nebraska
Nebraska has a cost of living that is very affordable – at 12 percent below the U.S. average. The good fiscal health here should also be noted. It has a population of 1.9 million and Niche.com gave O’Neill an “A” for retirees. However, it is not particularly a tax-friendly state for senior citizens as retirement income is generally taxable. For Social Security, the exemption is only for those who make $43,000 or less and for a joint filing, $58,000 or less.
Nebraska
Tennessee
For retirees, Tennessee is quite affordable because of its cost of living that is 12 percent lower than the U.S. average. The state has a population of 6.5 million and is tax-friendly for retirees. State income taxes are not levied and the big cities are quite affordable as well. For many retirees, Lookout Mountain is ideal. The summer in Tennessee can get hot and humid and the traffic can get quite bad in metro areas, like Memphis and Nashville.
Tennessee
