3 Places To Retire That Are Just Like Maryland but Much Cheaper
Written by
Chris Adam
Edited by
T. Woods
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You may have heard the great things about retiring in Maryland — it can offer a great quality of life for retirees looking to settle down and enjoy life and their community.
However, it may not be the best choice for everyone, especially given the cost of living. According to The Motley Fool, Maryland is among the most expensive states to retire to in the United States.
So, if you’re looking for some of the great aspects of Maryland but want more affordable options, here are three states to consider.
1. Delaware
Let’s start with Delaware. Many retirees have compared Delaware to Maryland for its quality of life for retirees. However, the price difference can be significant. While Maryland is among the most expensive states for retirement, Delaware is among the least expensive, according to CNBC.
There’s even more good news about Delaware – it’s tax-friendly toward retirees and offers friendly communities and a good climate for the Northeast. One final note, like most of Maryland, Delaware is known for its slower pace of life. This can be another benefit for retirees.
2. West Virginia
If you’re considering Maryland for retirement, perhaps also look at West Virginia. Once again, it’s a state that’s similar to Maryland in many aspects of quality of life, but it’s on the list of expensive states for retirement.
In addition, according to U.S. News & World Report, West Virginia is also among the safest states in the U.S. Its violent crime rate is 278 per 100,000, while its property crime rate is 1,230 per 100,000.
3. South Carolina
You may want to check out retirement options in South Carolina. Not only is it among the most affordable states for retirement, but you’ll find a good quality of life and many things important to lots of retirees. You’ll likely find affordable homes, a tax-friendly environment and welcoming communities.
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