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Cost of Retiring in Idaho (ID) 2026

Idaho does not tax Social Security benefits. Below-average cost of living makes it attractive for retirees.

5.8%
Top Income Tax Rate
95.5
Cost of Living Index (Near average)
No
Taxes Social Security
$2,088
Est. State Tax on $60K Income

Tax on $60,000 Retirement Income

Gross annual income$60,000
Top state income tax rate5.8%
Estimated effective rate3.5%
Estimated annual state tax$2,088
Monthly tax impact$174
After-tax income$57,912

5 Cheapest Alternative States

StateRateEst. Tax on $60K
AlaskaNo tax$0
FloridaNo tax$0
NevadaNo tax$0
New HampshireNo tax$0
South DakotaNo tax$0

Moving from Idaho to Alaska could save ~$2,088/year in state income tax alone.

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Source: IRS Rev. Proc. 2025-32, BEA Regional Price Parities (2024 vintage), SSA 2026 bend points. Tax estimates use a 60% effective factor on the top marginal rate as a simplified model. Consult a tax professional for your specific situation. Not financial advice.

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