The spread was significant: According to the study, $1 million will run out in less than a dozen years in Hawaii (which has extremely high food and housing costs) but will last more than 26 years in Mississippi (which, not unexpectedly, has exactly the opposite situation).
The gap between Hawaii and the second-most-expensive state (California) was large. According to the study, it costs nearly $23,000 per year more to live in Hawaii than in California.
The complete list, along with details about each state, is available on GoBankingRates.com.
Source: AARP Retirement
M in Retirement Savings Lasts 20+ Years in Mississippi
