{"id":87779,"date":"2025-09-27T00:29:08","date_gmt":"2025-09-27T00:29:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/87779\/"},"modified":"2025-09-27T00:29:08","modified_gmt":"2025-09-27T00:29:08","slug":"here-are-the-ten-states-where-you-can-live-solely-on-social-security-benefits","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/87779\/","title":{"rendered":"Here are the ten states where you can live solely on Social Security benefits"},"content":{"rendered":"

A new analysis by Realtor.com<\/a> has found that Social Security benefits alone are enough to cover living expenses in only 10 states.<\/p>\n

Outside of those 10 states, retirees face deficits of thousands of dollars when relying solely on Social Security benefits.<\/p>\n

Delaware tops the list with an annual surplus of $1,764, calculated by subtracting living costs from total Social Security payments.<\/p>\n

Indiana and Arizona follow, both with a surplus of more than $1,000. Indiana\u2019s surplus comes out at $1,392, while Arizona retirees\u2019 surplus is $1,224.<\/p>\n

The remaining states in the top 10 are Utah, South Carolina, West Virginia, Alabama, Nevada, Tennessee and Michigan. Michigan barely makes the list, with a $132 surplus.<\/p>\n

On the other end of the spectrum, Vermont is the worst state for living on Social Security benefits. Beneficiaries in the state face a deficit of $8,088 per year.<\/p>\n

Massachusetts is not far behind, ranking third in terms of benefit deficits. The annual deficit totals $7,345, based on a median monthly cost of $2,634. The monthly benefit falls short of that number at $2,022.<\/p>\n

Housing costs contribute significantly to the states with the highest deficits. In the 10 surplus states, retirees spend an average of $500 a month on housing expenses, whereas in the shortfall states, the average is nearly double the housing costs at $933 per month.<\/p>\n

The website conducted the analysis using the median Social Security benefits<\/a> by state and the Elder Economic Security Standard Index<\/a>.<\/p>\n

Every year, the Social Security Administration assesses a Cost of Living Adjustment<\/a> meant to adjust Social Security benefits to inflation \u2014 2026\u2019s COLA is set to be announced on Oct. 15.<\/p>\n

The latest from MassLive<\/p>\n

Read the original article on MassLive<\/a>. Add MassLive<\/a> as a Preferred Source by clicking here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"A new analysis by Realtor.com has found that Social Security benefits alone are enough to cover living expenses…\n","protected":false},"author":2,"featured_media":87780,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177],"tags":[79,18,19,17,234,235,1078,1069,57654],"class_list":{"0":"post-87779","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-eire","10":"tag-ie","11":"tag-ireland","12":"tag-personal-finance","13":"tag-personalfinance","14":"tag-social-security","15":"tag-social-security-administration","16":"tag-surplus-states"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/87779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=87779"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/87779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/87780"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=87779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=87779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=87779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}