Pennsylvania: Johnstown
Johnstown is quite in the middle of our list when you add up all the pros and cons of all the cities. It isn’t that expensive to live in, but it isn’t the cheapest either (however, all of them are affordable when we’re talking about having little to no savings to your name). The home price is right in the middle, at around $100,000.
However, it does have the highest violent crime rate per 1,000 people, coming in at 52.96! What could make you close your eyes to this aspect is the fact that you will not have much to pay when it comes to taxes, as Pennsylvania is one of the few states that takes care of your savings by not taxing you.
3 thoughts on “Don’t Have Any Savings? Here Are The 8 Best Places to Retire”
I’d MUCH prefer any of the numerous tropical expat destinations! The would not only be less expensive (possibly significantly less), but nicer weather than any of these places.
Exactly Tom,
Check out the Philippines…you WILL love it.
Pennnsylvania can eat you up with school taxes. Being a commonwealth, the whole state is broken up into townships. So much waste and duplication of services it more than makes up for not taxing social security or retirement income. The school tax is the killer. The state has more tax collectors than the entire country combined.