The 10 Most Affordable States for Retirees in 2023

If you’re on a fixed income — like most people in retirement — controlling your expenses becomes more important than ever.

One way to do that? Living somewhere with a lower cost of living. That’s part of the thinking behind the website WalletHub’s recent ranking of “2023’s Best States to Retire.”

While their ranking incorporates “47 key indicators of retirement-friendliness” sorted into three key dimensions — health care, quality of life and affordability — we’re just going to highlight the best states in that last category, affordability.

Here are the states deemed most affordable for retirees.

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