10 Best States To Retire in for Affordability in 2023

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There are several noteworthy states across the United States where it’s safe to retire or where retirees can live on just a Social Security check.
What about the most affordable states for retirees? To identify these states, WalletHub compared the 50 U.S. states across three key dimensions. These include affordability, quality of life and healthcare. Affordability, at 40 total points, factored in the adjusted cost of living and general tax friendliness among other key retiree-specific factors. For this piece, we’re focusing on just affordability and the cities that are in the top 10, but you’ll also get information on the quality of life and healthcare. If you’re retiring in 2023, check out these 10 affordable states.
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Heather Taylor is a senior finance writer for GOBankingRates. She is also the head writer and brand mascot enthusiast for PopIcon, Advertising Week’s blog dedicated to brand mascots. She has been published on HelloGiggles, Business Insider, The Story Exchange, Brit + Co, Thrive Global, and more media outlets.
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