10 of the Cheapest States Where You Should Retire in 2018

Georgia

Overall retirement ranking: #3

Population: 10.1 million

Share of population 65+: 12.3%

Cost of living: 7% below the U.S. average

Average income for 65+ households: $50,607

Average health care costs for a retired couple: Below average at $404,460

Tax rating for retirees: Most Tax Friendly

Warm weather and low living costs make Georgia just peachy for a happy retirement destination. Health care expenses are particularly affordable for retirees, with the sixth lowest average costs for a retired couple in the country.

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