WebJun 9, 2024 · This data was compiled in February 2024. As you’re looking at the chart, keep in mind that states with a higher mean wage, higher monthly rent, and lower value of a dollar tend to have a higher cost of living. … WebNov 4, 2024 · Our newest visualization shows the average amount that a person will need to retire comfortably in each state, as well as the average retirement age by state. The average retirement age in the U.S. is 64 years old. At the state level, the average retirement age varies from 61 years old in Alaska and West Virginia to 67 years old in Washington, …
How Much You Need to Save for a Decent …
WebIn the table below, to help determine this, each state’s average retirement age, life expectancy, yearly expenses for someone 65+, and the savings required to retire comfortably in that state. An additional 20% is added to the yearly expenses to account for a “comfortable” retirement. States with the Highest Retirement Income 1. Hawaii. 2. WebIs it cheap to live in Kansas City? With a cost of living 2.5 percent below the national average, from groceries to gas, utilities and housing, Kansas City is one of the most affordable cities in the Midwest.Cost of living indices are based on a U.S. average of 100.A cost of living index above 100 means Kansas City, Missouri is more expensive. pt. dreamwear
How much do you need to make to live ‘comfortably’ in the …
WebJun 21, 2024 · Hawaii. Total expenditures: $96,982. 20% comfort buffer: $24,246. Cost of a comfortable retirement annually: $121,228. More From GOBankingRates. Keep an Eye … WebComparable Income: $32,344. Boston. Comparable Income: $40,695. New York (Manhattan) Comparable Income: $65,085. Philadelphia. Comparable Income: $28,367. Afford the city you want to live in. Get ... WebMar 14, 2024 · Annual Living Wage: $66,957. Some residents of the Big Sky State might grumble that it could just as easily be called the "Big Cost of Living State," with average annual housing costs of $14,658 ... pt. eastech nusantara