Alaska
The Last Frontier is really tax-friendly for retirees, though not a lot take advantage of this. According to Yahoo! Finance, it is best to live in Anchorage. Kiplinger says the living costs in Alaska is 32 percent higher than the national average in the U.S. Health care costs are quite important to a senior citizen, this might make you think again. The population in this state is 730,000, which makes it ideal for those looking to live the quiet life and get away from the big city lifestyle.
New Jersey
New Jersey is a wonderful place, especially for people in their Golden Years, and Long Beach Township is a place worth considering if you want to move to the state. From Ocean City, you can catch amazing views of the water and if you are a history buff, you will enjoy New Jersey since it has a rich history. There are 8.909 million people in New Jersey and the living costs are 27 percent higher compared to the U.S. average, with property taxes and medical care tending to cost more. For low-income retirees, there are other better places to live in than the Garden State.