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Also here are nineplaces to retire that are like Colorado but way cheaper.
Meanwhile, the national average cost of living in the U.S. is $57,818.
You will need to have savings or some other form of income to cover the rest.
This means that you will need to have at least $804,814 saved for a 20-year retirement.
Housing in the state is 17.1% higher than what most people pay across the country.
The yearly cost for a place to live averages $13,691, while the national average is $11,692.
Sometimes, smaller homes can also save you money on things likeheating, cooling and maintenance.
It costs around 1% less, which comes out to an average of $7,465 a year.
Always compare prices for any new medications sometimes, different pharmacies offer the same medicine at very different prices.
This may be especially true if the pharmacy has a generic substitute for your medication.
All data was collected and is current as of January 8, 2024.
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