29. Hawaii
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Average annual benefit: $17,420
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In the Aloha State, 211,813 retirees averaged benefits of $1,452 monthly. Estate taxes exempt under $5.49 million in assets. A general excise tax of about 6%, instead of sales tax, is usually passed to consumers via higher prices.
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Hawaii has the highest cost of living, it nearly doubles the national average. However, retirees on Social Security and small retirement accounts may find the state more tax-friendly as these benefits are not taxable.
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