Telephone: +0800 123 4567
+0800 123 4567
 

40. Oklahoma

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Photo: Twitter.com/JayciJoHarris
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Average annual benefit: $17,098

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.

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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