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

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1. Wyoming

Insider Monkey Score: 179

Cost of Living Index: 92.8

Median Home Price: $275,000

Retirement Tax-Friendliness: Very Tax-Friendly

Making it to the top on our list of best places to retire in the US amidst the 2025 Social Security COLA shortfall is the state of Wyoming. The state’s very tax-friendly status, with no state income tax and a median home price of $275,000, makes it the most affordable option on the list. Its low cost of living, coupled with stunning natural beauty and wide-open spaces, offers retirees a peaceful and financially secure retirement.

Check out all the 11 Best States to Retire and Offset the 2025 Social Security COLA Gap.

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