No Mortgage? Here are 10 States Where You Can Live on Social Security Alone.
The Motley Fool
by newsfeedback@fool.com (Dana George)February 24, 2026
AI-Generated Deep Dive Summary
Living solely on Social Security benefits can be challenging, especially when accounting for housing expenses. While eliminating a mortgage can help stretch your budget, other costs like home insurance, utilities, property taxes, and maintenance still pose significant financial burdens. Realtor.com recently identified states where individuals without a mortgage may manage to live comfortably on their Social Security income alone.
The key factor in these locations is affordability—states with lower housing expenses and overall cost of living make the list. For example, South Dakota and Missouri are highlighted for their relatively low home prices and manageable utility costs. These factors, combined with stable Social Security payments, create a more feasible lifestyle for retirees.
This information is particularly valuable for those planning retirement or evaluating where to settle post-retirement. Understanding which states offer financial stability without the strain of high living expenses can help individuals make informed decisions about their future. It underscores the importance of strategic planning and location-based considerations when relying on Social Security as a primary income source.
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Originally published on The Motley Fool on 2/24/2026