Best Red State To Retire In 2024 For Indian. “florida is the best state for retirees in part due to its lack of estate or inheritance taxes and its low cost for adult day health care and homemaker services,” wallethub analyst. There are plenty of articles listing the states with the lowest cost of living, the lowest taxes, the best states to vacation, and the best states in which to retire.

As the maps above lead one to expect, the highest ranking cities are in the north rather than the south, and yes, fargo ranks 5th of these “best places” in terms of social capital. But one thing every retiree should keep in mind when planning to move to a new location is how much it costs to live there, including the amount you’ll pay in taxes.