Categories: Retirement Life

BEST PLACES IN EVERY STATE TO LIVE ON A FIXED INCOME

CONNECTICUT: NEW HAVEN

Real estate prices in New Haven increased only about 2 percent, which is good news for those on a fixed income. However, although rent decreased year over year, it’s still relatively expensive with the median monthly rent at $1,599.

DELAWARE: FELTON

Delaware is one of the few states that doesn’t levy a state sales tax. It also does not tax Social Security benefits, which makes it one of the best places to retire in the U.S. In the last year, Felton home values rose about 2 percent, while rents decreased about 1 percent.

FLORIDA: BRADENTON

Home values are stable in Bradenton, with a median home value of $225,200 and a year-over-year increase of 2.5 percent. Rents are pretty much stagnant but still relatively high at a median of $1,626 per month.

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