5 Best States to Retire On Social Security

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1. Mississippi

Insider Monkey Rank: 2.55

Cost of Living Index: 86.7

Health Index: 98.5

Tax Friendliness: Very Tax-friendly

Crime Rate: 291.2 per 100k

According to our rankings, Mississippi is the best state to retire on social security. The cost of living in this state is 13.3% lower than the US average. The state is also very tax-friendly. All sorts of retirement income are exempted from taxation here. Property taxes are low, while sales taxes are quite moderate.

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