Last time we did the cheapest states. Today, the other end of the menu.
And there's a twist that ruins most retirement advice: two of the ten most expensive states have no individual income tax. One of them is the single most popular retirement destination in America.
Because "expensive" isn't one thing. It's ten different things wearing the same label, housing, property tax, insurance, groceries, estate tax, care costs, and each of these states is expensive for its own particular reason.
We used BEA's 2024 Regional Price Parities, where 100 = the national average price level, then layered on property taxes, insurance, estate taxes and long-term care.
Here's where your retirement dollar gets mugged. 👇