Our Counties Social Security
Have you ever wondered how county to county is ranked as far as what counties Social Security reaches the farthest?
For retirees, Social Security can be an important source of income. However, the value of this benefit can vary by location, depending on things like living expenses and the amount of Social Security income local retirees typically claim.
A recent study by SmartAsset finds where Social Security income stretches the furthest in each Missouri county. The study analyzed Social Security income in each county against the local cost of living to identify where retirees' social security lasts the longest.
Monroe County is ranked 8th in the state of Missouri. The average cost of living is $18,009 and the average annual Social Security is in the amount of $19,498 which is taxed. Ralls County is ranked 11th in the state of Missouri. The average cost of living is $18,520 and the average annual Social Security is in the amount of $19,827 which is also taxed.
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