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Knowing what something will cost you is a great way to work backward on your retirement calculator.
This was based on several variables including cost of living,Social Security income, healthcare and more.
Not to mention expected out-of-pocket expenses for checkups and prescriptions.
GOBankingRates estimates that people in Arizona pay around $7,178 a year in healthcare costs.
This becomes particularly precarious when food costs are consistently high and ever-increasing at even your local market and vendors.
GOBankingRates currently estimates that shoppers in Arizona spend around $4,936 on groceries a year.
GOBankingRates found that annual utility costs average around $4,024.
However, these figures are estimates based on averages, so keep in mind your unique financial situation.
There are always ways to practice more frugal habits to bring down your monthly and annual bills.
The seventh Arizona C can be known for consistently adding to your retirement savings.
All data was collected on and is up to date as of Jan. 8, 2024.
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