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Identifying the Best U.S. State for Retirement Living

April 30, 2025 by Jade Parker

Minnesota

Retiree Population: 950,000  are 65 or older
Cost of Living Percentage: 5% lower than the national average
Sales Tax: 6.875%

Minnesota isn’t just known for its bitter winters; it’s a haven for outdoor enthusiasts and ranks top for retiree health. With an exemplary healthcare system that is more affordable than many states, its 5.7 million residents, including 950,000 seniors, enjoy a high quality of life.

With a sales tax rate of 6.875%, Minnesota strategically balances healthcare affordability through various taxes, including income and Social Security taxes, to maintain its commitment to keeping healthcare costs manageable for its citizens.

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Filed Under: Mobile Tagged With: infiniteScroll

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