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Theres a stark contrast between the states with the lowest and highest amounts of money needed to live comfortably.
Curious what it takes to live comfortably during retirement in all 50 states?
Using theaverage mortgage and expenditure costs, the total monthly and annual cost of living can be calculated.
For this study an inflation rate of 2.53% was used as sourced from USInflationCalculator.com.
Anexpected annual rateof return of 10.52% was used, as sourced from Vanguards How America Saves.
All data was collected on and is up to date as of Sept. 16, 2024.
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