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16 Cheapest States to Live in the US for Seniors

Published on June 28, 2017 at 6:12 am by Milica Radenkovic in Lists

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10. Tennessee

Median home price: $136,300

Health care costs: 8% below the national average

Tax friendly

All types of retirement income, including social security, are exempt from taxation in Tennessee. Moreover, property taxes are relatively low. The reason why Tennessee is not named “very tax friendly” is sales taxes which are the highest in the US. Still, the overall cost of living puts Tennessee into a group of affordable places. Cities like Nashville and Memphis have much to offer to music lovers and Elvis Presley admirers, while the Appalachian Mountains and Mississippi River are perfect destinations for outdoor enthusiasts.

16 Cheapest States to Live in the US for Seniors

Copyright: halfpoint / 123RF Stock Photo

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