Mississippi

Retiree Population:  487,200 are 65 or older

Cost of Living Percentage: 15% lower than the national average

Sales Tax: 7%

Mississippi boasts an affordable living cost, offering picturesque fishing villages in the south and the historic Mississippi Delta, the claimed birthplace of blues and rock ‘n roll. With low taxes, it’s appealing despite the generally lower incomes, especially among the elderly.

With a population of around 2.9 million, Mississippi has a significant senior demographic of 487,200 people. Despite a relatively high sales tax rate of 7%, the state maintains low tax levels overall, adding to its affordability.