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Retirees thought these states were ‘cheap,’ but hidden costs are making them flee. Here's where they're moving now
Yahoo Finance· 2026-03-02 14:00
Move over, Florida and Texas. You’re no longer Americans’ favorite places to retire. For years these beautiful southern states enticed with warm weather and a 0% state income tax, allowing people on fixed incomes retirees to stretch their money. But now many retirees are finding that the break on state income taxes isn’t enough to offset higher real-estate prices, property taxes, home insurance costs and the cost of groceries. That means older Americans are casting their gaze to other states. In fact, ...