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Budget Retirement? In These 10 States You Can Get By on 45k a Year

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8. Iowa

It’s great news that Iowa has some of the lowest housing costs in the country, which for retirees that are looking to keep to their budget, is only great news. What’s more, the other expenses that you will encounter will also be pretty reasonable, especially when compared with the states that did not make it onto our list: healthcare only cost retirees around $6,700 and the utility bills for the whole year came up around $3,600, which is pretty good!

Add the annual cost of $43,00, and Iowa has a good chance of winning your heart when it comes to relocating to a budget-friendly place!

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