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Theres something for everyone in the mountains of North Carolina. However, as with every other state, North Carolina also has quite a few pitfalls that if you can look past, youll love living here. Just when you think summers in North Carolina cant get worse, youll experience the threat of a looming hurricane. North Carolina is certainly an interesting state. One of the most significant advantages of retiring in South Carolina is the low cost of living. IBM WatsonHealth named it a Top 50 cardiovascular . With lower than average rents, reasonably-priced food options, and free activities, retirees can save their dollars for other opportunities, such as traveling. The Pros and Cons of Retiring in South Carolina - EZHomeSearch.com Its true, but this point warrants a deeper dive. The Best Places to Retire in North Carolina - US News & World Report By 2026, the individual income tax will drop to 3.99%. The state is best known as the birthplace of Aviation, irresistible barbecue and friendly locals theres so much to love about living in North Carolina. Although the good news is that Maine . 201-447-2212 171 E. Ridgewood Ave. Suite 205 Ridgewood, NJ 07450 As for my favorite BBQ joint? Social Security is not taxed, but 401(k) and pension distributions are. Christian Simmons is a writer for RetireGuide and a member of the Association for Financial Counseling & Planning Education (AFCPE). Living in North Carolina during the winter months is easy compared to other places Ive lived, and its one of the things I most enjoy about daily life here. Unlike most other states, North Carolina taxes groceries. The only downside to the easy going vibe is the lack of ambition you may come across from time to time. But dont just take my word for it. Most of all, retirees with eyes on West Virginia must weigh the pros and cons of rural living. 4 Full Seasons Cons of Retiring in West Virginia 1. Is North Carolina a good place to retire? And its true, with median home prices coming in at $330,000, many folks end up moving to North Carolina to fulfill their lifelong dream of owning a home (myself included).