Nebraska
Retiree Population: 328,000 are 65 or older
Cost of Living Percentage: 2% below the national average
Sales Tax: 5.5%
Often overlooked for retirement, Nebraska boasts a cost of living 12% below the national average. Despite its rural reputation, Omaha’s vibrant community of 1.3 million adds to the appeal. The state’s total population of 2 million includes about 328,000 seniors.
Though Nebraska has a modest 5.5% sales tax, it’s noteworthy that it taxes Social Security and retirees’ income. However, the overall tax burden in the state remains relatively low, making it an attractive option for retirees.