#2 California
Despite its beautiful beaches and sunny weather, the Golden State loses its appeal when it comes to pricing.
The state is expensive to live in, not only in terms of housing but also health care and in-home services. California also taxes retirees on all income from retirement funds and pensions (excluding Social Security), and sales taxes are pretty high.
California has gained a reputation as a high-cost, high-tax retirement paradise, with a housing index above 200 and well above expenses in every major cost-of-living category.
Actually, California’s typical price for a single-family house is $898,980, which is greater than the national average ($374,900).
The state has one of the highest rates of elder abuse, severe neglect, and exploitation allegations, as well as a higher-than-average crime rate.
