Overall retirement ranking: #19
Population: 11.6 million
Share of population 65+: 15.5%
Cost of living: 12% below U.S. average
Average income for 65+ households: $42,667
Average health care costs for a retired couple: Below average at $417,912
Tax rating for retirees: Mixed
Ohio’s status as a destination for retirees matches its geographic location: in the middle. Its living costs are well below average, but so is its average household income. Even the tax situation is just fine: Social Security benefits are not taxed, and retirees living in the Buckeye State can claim a tax credit of up to $200 on other retirement income.