The cost of living is low in South Dakota — 8 percent below the national average — and the state is also considered tax friendly to retirees, thanks to having no state income tax, which includes Social Security benefits and retirement income. Median housing prices are $157,000, though retirees should research towns well before relocating to them, as many small South Dakota towns can be desolate.
South Dakota may seem wild and undeveloped, but retirees will find plenty of interesting retirement destinations. Artsy Hill City is a popular locations as well as larger towns like Sioux Falls or Rapid City, which lies in proximity to good health care, many senior centers, and national parks and monuments.
Con: Long, snowy winters
Best For: Outdoors lovers
Cost of Living: 8% lower than national average
Median Home Cost: $157,000
Top State Income Tax: No state income tax
South Dakota weather is typically blustery and frigid during its long winter, with a fair share of snowstorms and blizzards.