--- title: 5 Most Expensive States for Retirees in 2015 description: Investopedia.com compared cost-of-living and tax-rate data from Bankrate.com’s list of “Best and Worst States to Retire” and Kiplinger’s list of “10 Worst States for Retirement” to come up with their list of “The Most Expensive States to Retire In.” WealthCounsel has added Genworth’s “2015 Cost of Care Survey” to the mix to come up with their five most expensive states for retirees when comparing cost of living, tax rate, and long-term care expenses. image: https://blog.goosmannlaw.com/hubfs/estate_planning_8.12.15.jpg --- [![Goosman Lawfirm](https://blog.goosmannlaw.com/hs-fs/hubfs/Goosmannlaw%20October2017/images/Goosmann_Law_Firm_logo_4C-white.png?width=1250&name=Goosmann_Law_Firm_logo_4C-white.png "Goosman Lawfirm")](http://goosmannlaw.com/) - [COVID-19 Toolbox](https://goosmannlaw.com/covid-19-resource-toolbox/) - Our Team - [Attorneys](https://goosmannlaw.com/attorneys/) - [Non-Attorney Staff](https://http://goosmannlaw.com/non-attorney-staff/) - 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New York** ranks #1 in tax rate, #4 in cost of living, and #5 in long-term care expenses.  Along with a state estate tax, New York is also one of two states that collect a state gift tax (Connecticut is the other). ** 4. Rhode Island** ranks #8 in tax rate, #9 in cost of living, and #10 in long-term care expenses.  Rhode Island also collects a state estate tax. ** 5. Vermont** ranks #9 in tax rate, #10 in cost of living, and barely fell out of the top 10 by coming in at #11 in long-term care expenses.  Vermont also collects a state estate tax.  **Final Thoughts on Where to Retire** Each year the statistics on tax rates, cost of living, crime rates, health care expenses, and weather are sliced and diced to come up with various lists for those approaching retirement to consider.  But in the end the choice of where to retire is personal.  While the financial data may point you away from or to a particular location, staying close to your support system of kids, grandkids, other family members, and friends may be priceless.  [![CONTACT US](https://no-cache.hubspot.com/cta/default/489404/ec70fe7d-ad02-40c5-93ba-4800375ab6e9.png)](https://cta-redirect.hubspot.com/cta/redirect/489404/ec70fe7d-ad02-40c5-93ba-4800375ab6e9) . ### Select Different CTA for each Post from Blog Editor [![New Call-to-action](https://no-cache.hubspot.com/cta/default/489404/a8cefc17-3b9d-4de0-89cd-e60a64752422.png)](https://cta-redirect.hubspot.com/cta/redirect/489404/a8cefc17-3b9d-4de0-89cd-e60a64752422) ### Subscribe Our Blog Thanks for submission!! 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