GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you could read more about oureditorial guidelinesand our products and servicesreview methodology.
Data shows that the average annual cost of groceries in the United States is $4,797.
However, in some states, that cost can be more than 26% higher.
And for some seniors, theres not enough wiggle room to allow for this jot down of increased expense.
However, its important to remember that grocery expenses dont exist in a vacuum.
With that in mind, heres a look at the 10 states where retirees arespending the most on groceries.
Weather also plays a factor in the grocery costs in Alaska.
Grocery expenses eat up most of these savings, running about $408 above the national average.
Just like Oregon, Washington has very low utility costs, but its higher grocery costs negate those savings.
All 50 states and the District of Columbia were then ranked with No.
1 being the state where $5,000,000 will last the longest and No.
51 being the state where it will run out most quickly.
All data was collected on and up to date as of July 10, 2024.
For our full Privacy Policy,click here.
