The 2025 Social Security COLA Falls Short: Discover 5 Best States to Retire and Offset this Gap

3. Florida

Insider Monkey Score: 150

Cost of Living Index: 102.4

Median Home Price: $403,300

Retirement Tax-Friendliness: Very Tax-Friendly

The Sunshine State of Florida is always going to be a retiree-favorite. That said, its very tax-friendly retirement policies, including no state income tax, attract retirees seeking financial ease. With a diverse range of retirement communities and a median home price of $403,300, it remains a popular destination. The state’s warm climate and numerous recreational activities further enhance its appeal.