7. Indiana
Home median price: $119,100
Healthcare costs: 3% below the national average
Tax friendly
In Indiana, that ranked 7th on our list of cheapest states to live in the US for seniors, only social security is exempt from taxation while other types of retirement income are taxed at the rate of 3.3%. Still, the state has fourth lowest costs of living so the money you pay to government won’t empty your wallet. Compared to some other places on this list, the Hoosier State offers relatively solid healthcare, especially in Indianapolis which is a home to a few well-known hospitals. The state is the right choice for culture lovers who can enjoy diverse artistic sites even in small towns.
Belushi/Shutterstock.com
