How long will US$1 million last for retirement in each state?

Alabama

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

In Alabama, retirees with $1 million can stretch their savings for 67 years, given their monthly expenses of $1,794 and an annual cost of $14,874.

Alaska

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Living in Alaska is pricier, with monthly expenses of $2,601, leading to an annual cost of $35,853. This means $1 million will last 28 years.

Arizona

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

A retiree in Arizona spends around $1,890 per month, bringing their annual cost to $31,215. With this, $1 million would last 32 years.

California

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

California has high living costs, where retirees face monthly expenses of $2,269 and an annual cost of $61,406, meaning $1 million would last just 16 years.

Connecticut

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

A retiree in Connecticut faces monthly expenses of $2,154, adding up to an annual cost of $34,113. This means $1 million would be enough for 29 years.

Delaware

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Delaware offers moderate retirement costs, with monthly expenses of $1,930 and an annual total of $27,919, allowing $1 million to last 36 years.

Florida

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Those retiring in Florida can expect to spend $1,893 per month, or $29,362 per year, meaning their $1 million nest egg would last 34 years.

Hawaii

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Hawaii is one of the most expensive states, with monthly expenses of $2,761 and an annual cost of $80,125, making $1 million last only 12 years.

Illinois

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

A retiree in Illinois with monthly expenses of $1,931 and a total annual cost of $19,937 would see their $1 million last for 50 years.

Iowa

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Retirees in Iowa spend about $1,836 per month, making their annual cost $15,158, which allows $1 million to last 66 years.

Kentucky

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

In Kentucky, with monthly expenses of $1,864 and an annual cost of $14,456, $1 million would be enough for 69 years.

Maine

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Retiring in Maine costs $2,070 per month, bringing the annual expenses to $30,194, making $1 million last 33 years

Massachusetts

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Massachusetts has a high cost of living, with monthly expenses of $2,340 and an annual cost of $51,686, meaning $1 million lasts just 19 years.

Minnestoa

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

The cost of living in Minnesota includes monthly expenses of $1,936, bringing the annual total to $24,654, which allows $1 million to last 41 years.

Missouri

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Missouri retirees spend $1,780 per month, leading to an annual cost of $16,403, allowing $1 million to last 61 years.

Nebraska

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

In Nebraska, with monthly expenses of $1,857, the annual cost reaches $18,172, making $1 million last 55 years.

New Hampshire

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

New Hampshire retirees need $2,081 per month, or $38,052 per year, meaning $1 million would last 26 years.

New Jersey

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Retiring in New Jersey means monthly costs of $2,001, adding up to $41,315 per year, allowing $1 million to last 24 years.

New Mexico

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

New Mexico has monthly expenses of $1,829, leading to an annual cost of $20,976, meaning $1 million lasts 48 years.

New York

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

New York retirees face monthly expenses of $2,028, which results in an annual cost of $34,570, making $1 million last 29 years.

North Carolina

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

North Carolina has monthly costs of $1,883, leading to an annual expense of $23,429, allowing $1 million to last 43 years.

North Dakota

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

In North Dakota, retirees spend $1,862 per month, making the annual cost $19,006, meaning $1 million lasts 53 years.

Ohio

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Ohio offers affordability with monthly expenses of $1,853, resulting in an annual cost of $16,099, making $1 million last 62 years.

Oklahmoa

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Oklahoma retirees pay $1,832 per month, making the annual cost $14,048, stretching $1 million over 71 years.

Oregon

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Oregon retirees have monthly expenses of $2,017, leading to an annual cost of $37,346, meaning $1 million lasts 27 years.

Pennsylvania

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

In Pennsylvania, monthly expenses of $1,878 result in an annual cost of $18,974, making $1 million last 53 years.

Rhode Island

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Retirees in Rhode Island spend $2,113 per month, bringing their annual total to $36,920, allowing $1 million to last 27 years.

South Carolina

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

South Carolina has monthly costs of $1,838, adding up to $20,595 per year, meaning $1 million lasts 49 years.

South Dakota

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

South Dakota retirees face monthly expenses of $1,834, making their annual cost $21,074, allowing $1 million to last 47 years.

Tennessee

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Tennessee retirees pay $1,713 per month, leading to an annual cost of $20,466, making $1 million last 49 years.

Texas

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Texas has monthly expenses of $1,851, totaling an annual cost of $21,155, meaning $1 million lasts 47 years.

Utah

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Utah retirees need $1,893 per month, with an annual cost of $37,797, meaning $1 million lasts 26 years.

Vermont

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Vermont has monthly expenses of $2,050, leading to an annual cost of $30,022, making $1 million last 33 years.

Virginia

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Virginia retirees spend $1,927 per month, bringing their annual total to $28,916, allowing $1 million to last 35 years.

Washington

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Washington has monthly expenses of $2,096, making the annual cost $45,629, meaning $1 million lasts 22 years.

West Virginia

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

West Virginia is the most affordable, with monthly expenses of $1,833 and an annual cost of $11,263, making $1 million last 89 years.

Wisconsin

California, Connecticut, Delaware, Illinois, Kentucky, Massachusetts, Minnestoa, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahmoa, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin

Wisconsin retirees face monthly expenses of $1,895, leading to an annual cost of $22,148, making $1 million last 45 years.