5 Cities Where Social Security Goes the Farthest for Retirees

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In this article, we will discuss the 5 cities where Social Security goes the farthest for retirees. You can read our detailed discussion on Longevity Risks in Retirement and see the 25 Cities Where Social Security Goes the Farthest for Retirees.

5. Springfield, Illinois

Insider Monkey Score: 20.22

Livability Score: 81

Median Rent: $1,150

IM Cost of Living: 82.2

Illinois is a decent option for retirees looking for a tax-friendly environment. The state has a flat income tax rate of 4.95% exempted on retirement income, including social security, pensions, and distributions.

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