What Are The Cheapest States To Live In 2024 For Seniors. We’ve pulled together the 10 cheapest states to live in for 2022, reviewing the cost of living index to help you understand what makes these states so affordable. Easy access to quality doctors, companionship opportunities, and lower tax burdens are just a few ways to guarantee a healthy and happy retirement.

1) affordability, 2) quality of life and 3) health care. Iowa is the most affordable place for retirees in 2024.