Iowa
The average annual Social Security benefit in Iowa in 2018 turned out to be $17,614.79 for the 470,664 retirees. That comes out to $1,467.82 a month for each retiree. Can a person really live off of that amount of monthly income?
Nebraska
In Nebraska, 250,014 recipients had collected benefits in 2018. They averaged at $1,468.36 a month for each retiree. Per year, that came out to $17,620.34 from Social Security. Nebraska also happens to be one of the 13 states that tax Social Security benefits of at least some retirees.