10 Best States to Retire in for Taxes and Cost of Living

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4. Missouri

Tax-friendliness: Moderately Tax-friendly

Cost of living: 88.4

Boasting a cost of living that is 11.6% lower than the US average, Missouri is one of the most retiree-friendly states in the US. Property taxes are below the national average too. However, social security is partially taxed in the state, and withdrawals from retirement accounts are fully taxed.

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