Title: 5 Hidden Tax Benefits of Retiring in Florida
Article Snip: "It’s no secret that Florida is a mecca for retirees. ...Florida’s cost of living is 1% higher than the national average, with housing being 2% higher than the national average, and utilities 3% higher, according to RentCafe data. However, these are offset by the lower costs of basic necessities such as food, clothing and healthcare — which are 2% lower. These lower costs combined with the tax advantages make Florida a no-brainer retirement state for many Americans. ..."
Reference: www.nasdaq.com