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15. Nebraska. 2022 Average Rent: $827 Overall Cost-of-Living Index: 91.8 Nebraska has a cost of living nearly 10% below the national average, but it still has room for more seniors.
From home healthcare to assisted-living facilities and nursing homes, it is not cheap -- and it could make a large dent in your retirement savings.... 10 States With the Most (and Least ...
Here are the cheapest (and most expensive states) for retirement in 2024. ... The state's high homeownership rate (about 82% of seniors in the state own their own homes) also contributes to ...
The state is also the least expensive place to live when taking the cost of living into account. Mississippi is followed by Georgia, at $4,120 per month and 20 beds per 1,000 adults over 65.
The difference in housing costs from state to state is especially important. The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state).
Living off just a Social Security check has never been easy, but in a time of high inflation -- like 2022 -- it becomes even harder. Social Security: New Bill Could Give Seniors an Extra $2,400 a ...