Maryland
Maryland has 6 million people, and its retiree population prefers living in Chevy Chase Village. For seniors, the average household income is $70,874, which is the second highest in the U.S. and might be enough to compensate for the cost of living that is higher than the national average by 17 percent. You can also take a trip to Baltimore or Washington D.C., so there are many things to do in the state and around it. Individuals get paid more here compared to many places in the U.S., but remember that they also get taxed heavily. While Social Security is tax-free, individual retirement account distributions are not, and there is also an estate and inheritance tax.
Colorado
There are 5.4 million people living in Colorado and the living costs are higher than the U.S. average by 17 percent. Colorado Springs is the nicest city. The United Health Foundation ranked the state fourth in senior health. The real estate market in Denver and other cities in the state is quite competitive. While you have to adjust to the state’s high altitude, the weather is nice in general.