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Identifying the Best U.S. State for Retirement Living

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Massachusetts

Retiree Population: 1 million are 65 or older
Cost of Living Percentage: 48% higher than the national average
Sales Tax: 6.25%

Considering retiring on the East Coast? Massachusetts, a state with a rich history and iconic cities like Boston, is an attractive option. Yet, its expensive healthcare, with a population of 6.9 million, of which nearly 1 million are seniors, poses challenges.

Massachusetts levies a 6.25% sales tax. Potential retirees should note the state’s climate, which is known for its chilly weather. This factor is essential when planning for a comfortable retirement in the state.