1. Hawaii
While Hawaii may seem like a great destination to travel to, when it comes to actually living there, the situation might differ a bit. According to various studies, Hawaii’s middle-class families make a median household income of $74,529. And because bad news never ceases to appear, people say that it’s a competition between apartments and houses to see which one is more expensive. Furthermore, the cost of the monthly mortgage payment is $2,618. Sheesh!
In 2023, the situation will be far worse because even the cost of living is skyrocketing in Hawaii. If you’re a middle-class person who wasn’t able to save too much during the working years, don’t move to Hawaii!
1 thought on “6 Best and Worst States for Middle-Class Retirees”
Cost of housing, taxers, etc. are all well and good. It is not, however, going to favor you to live in a state like Tennessee, which has more guns than any other state. Live in fear in your low rent house. No thanks.