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To: ducttape45
Indiana needs to get on board with that. I’ve considered moving out of state to one that doesn’t tax either, but there’s only like 7 or 8, I think.

Tennessee doesn't appear to tax retirement income and I've heard property taxes are quite a bit lower. Even though Illinois doesn't tax retirement income, we still get dinged with high property, sales, and gas taxes.

90 posted on 07/05/2025 1:47:37 AM PDT by EVO X ( )
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To: EVO X
Tennessee doesn't appear to tax retirement income and I've heard property taxes are quite a bit lower. Even though Illinois doesn't tax retirement income, we still get dinged with high property, sales, and gas taxes.

I hear ya there. I think I heard that Iowa and South Dakota don't tax retirement of SS income, but the winters are of course more btutal in those states. When I retired in 2023 I thought about trying to relocate to SD but when I saw the prices of housing I gave up on that dream. Iowa I hear is better but only if you stay away from the big cities.

So I dunno. I'm still paying below what everyone else is, for the time being, but the hardwriting is on the wall and I know my rental costs are going to increase dramatrically next year.

So would I want to live in a state where my income is not taxed, you betcha, but would the cost of living be any different, I doubt it.

92 posted on 07/05/2025 9:04:26 AM PDT by ducttape45 (Jeremiah 17:9, "The heart is deceitful above all things, and desperately wicked: who can know it?")
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