Kansas may not be the first state that comes to mind when you hear the words “retirement destination.” The Sunflower State’s affordability, however, may make it worth a look for cost-conscious retirees.
Discover: This Is the Minimum You Need Saved for Retirement in Every State
Learn: How Long $1 Million in Retirement Will Last in Every State
Even for couples planning to live on just their Social Security benefits , Kansas has many affordable locations. The Missouri Economic Research and Information Center reported in 2022 that Kansas had the third-lowest cost of living in the entire country — about 12% below the national average.
On top of that, Kansas offers Heartland beauty, small and peaceful communities, large cities and a reasonably retiree-friendly tax structure. If you’re as senior with an adjusted gross income of $75,000 or under, your Social Security income won’t be taxed. In addition, Kansas doesn’t have inheritance or estate taxes. Property taxes come in about the national average, however.