Relying heavily on Social Security as your main source of income in retirement can make budgeting difficult – especially when it comes for housing, which may be the largest category in your spending. There are, however, places where Social Security goes further than others and in a new study, SmartAsset has delved into the data to find out where. In its fifth annual study, SmartAsset analyzed Social Security income, cost of living data, and taxes across all counties to determine where people are getting the most mileage out of Social Security, and Wood County ranked among the top spots in Ohio.
For a look at how the leaders in Ohio compared, check out the table below:
|Rank||County||Cost of Living||Annual Social Security||Social Security Taxed?||Social Security Goes Furthest Index|
The full study results, methodology, and interactive map can be found here: https://smartasset.com/