Maryland has high taxes and living costs, making it a poor retirement state. The state has 14.8% higher living costs than the US average. While the state doesn't tax social security, IRA income is completely taxed.
One of the worst US retirement cities is Fresno. Residents worry about the area's high pollution and graffiti. The city has a high cost of living, and 19.4% of residents are poor. Zumper gave the city a F for air quality.
One of the worst retirement cities is Hilo, Hawaii. High expense of living (79.2% over national average) makes Hawaii unpopular. Redfin Corporation (NASDAQ:RDFN) reports that city housing costs 47% more than the US average.
Walkers beware. One of the worst retirement cities is Stockton. Residents should avoid walking at night. The city's cost of living is 24.7% more than the US average, and 30% of structures are flood-prone.
Our list of worst retirement destinations includes Fountain because to its high expense of living, mediocre livability, and harsh, snowy winters. Cost of living is 10.3% higher than national average.
New Jersey is one of the least retiree-friendly states. The state has 10.3% higher living costs than the US average. Property taxes are among the highest in the US at 2.23%.
Vermont is a horrible retirement state due to taxes and expense of living. Saint Albans City may be one of the worst towns in the state due to high living costs and little cultural attractions.
Data USA reports 18.3% of Fall River residents live in poverty. The high expense of living makes the city one of the worst retirement spots. A 6.25% state sales tax applies.
New York has a 26.5% higher cost of living than the national average, making it one of the most expensive states to retire to. The state does not tax social security income, but private pensions and retirement account income are deductible up to $20,000.