5 Best States for Retirement in the US in 2024

2. Iowa

Insider Monkey Score: 26    

IM Healthcare Rank: 18       

Cost Of Living Index: 90.3   

Tax Friendliness: Tax Friendly

Coming in at second place, Iowa is one of the best states for retirement in the US in 2024. According to Seniorly, about 4 in 5 seniors own a home in this state. Moreover, the median rent in the state is only $1,100, enough to cover housing and other essentials on an average Social Security check.