40. Oklahoma
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Average annual benefit: $17,098
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In the Sooner State, 522,769 retirees collected average monthly benefits of $1,424. Tax-friendly toward retirees, benefits are exempted from taxes, and taxable retirement income has available deductions.
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Home values and property taxes are fairly low. Homestead exemptions and valuation freeze from increasing taxes are available to many seniors. Sales tax is very high at an 8.95% average, and groceries are not exempt.
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