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Which State Should You Retire In? Let This Ranked List Guide You

37. New Mexico

Cost of living: 5% below U.S. average

Population: 2.095 million

Best city: Taos

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Taos, New Mexico Source: Shutterstock

PRO: Don’t let ‘Better Call Saul’ and ‘Breaking Bad’ scare you (they’re set in Albuquerque). New Mexico is actually gorgeous and the most peaceful place to reside.

CON: Kiplinger ranked New Mexico as the “Least Tax-Friendly” state because retirement income is taxed. Low-income seniors might be able to get some benefits, though.