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Ohio, however, has in recent years also become a popular choice for retirement. The pros of retiring in Ohio include a low cost of living for retirees, excellent healthcare infrastructure, and many Active Adult Communities and housing options. The cons of retiring in Ohio include no ocean coastline, high property taxes, and limited public ...
Nov 13, 2024 · For these reasons and more, Ohio is consistently ranked among the best places to retire in the United States. The Ohio Department of Aging provides dozens of resources to care for Ohio’s older residents, such as the “Staying Connected” program, a free, daily check-in service enacted during the COVID-19 pandemic to provide better care for state residents ages 60 and older.
Oct 4, 2024 · Here is a breakdown of the five “worst” states to retire: 1. Kentucky - Kentucky ranks last at 50th place with an overall score of 43.40. While it has decent affordability (rank 32), its quality of life (rank 41) and healthcare (rank 44) scores may not fully meet retirees' expectations. 2.
Mar 30, 2023 · The Pros and Cons of Retiring to Ohio. Ohio is a great state to live and work, offering some of the nation’s lowest living costs and plenty of recreation and entertainment. Active cities like Cleveland, Cincinnati, and Columbus deliver a wealth of cultural attractions, professional sports teams, museums, universities, and medical care.
Sep 18, 2024 · Housing and cost of living in Ohio. One of the reasons many retirees choose Ohio is its lower cost of living. The average house in Ohio costs $231,710, lower than the national average of $362,481. These prices vary by city, from Dayton’s low of $136,000 to Columbus’ $233,600. Ohio has 248 retirement communities.
Sep 5, 2022 · Bankrate conducted a study to find the best and worst states for retirement in 2022. “For this study, Bankrate looked at five broad categories: affordability, wellness, culture, weather and c…
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Mar 13, 2024 · Is Ohio a good place to retire? The affordable housing market makes Ohio a desirable place to retire, but the harsh winters and humid summers keep many folks at bay. In terms of taxes while retiring in Ohio, Social Security income is fully exempt, while other retirement income (pensions, 401K) are subject to state income tax.