The state has a reputation for attracting well-educated and creative individuals with a penchant for the arts, as evidenced by some of the Massachusetts cultural highlights: world-class art museums like MASS MoCA, concerts series such as the acclaimed Tanglewood Music Festival and Boston’s orchestra and historic downtown.
Massachusetts weather does have 4 distinct seasons, and retirees should be aware that winters here can be harsh, with cold and snowy weather. The state is also home to some of the finest healthcare in the nation, including Brigham and Women’s, Massachusetts General and Tufts Medical Center.
Con: High cost of living
Best For: Intellectuals and Culture lovers
Cost of Living: 38% higher than national average
Median Home Cost: $288,600
Top State Income Tax: 5.25%
While the state’s cost of living is in general higher than the national average, Massachusetts does enjoy a flat 5.25% income tax rate, Social Security is not taxed, and some retirees over 65 years of age will qualify for an income-based $1000 tax credit.