Special Report

What It Costs to Retire Comfortably in Every State

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New Mexico
> Est. total retirement spending: $982,766 (22nd least)
> Avg. cost of living: 8.9% less than avg. (17th lowest)
> Avg. homeownership cost for citizens 65 and older with no mortgage: $355 per month (5th lowest)
> Pop. 65 and older: 18.0% (12th highest)

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New York
> Est. total retirement spending: $1,299,655 (3rd most)
> Avg. cost of living: 16.3% more than avg. (3rd highest)
> Avg. homeownership cost for citizens 65 and older with no mortgage: $766 per month (5th highest)
> Pop. 65 and older: 16.9% (25th lowest)

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North Carolina
> Est. total retirement spending: $948,654 (14th least)
> Avg. cost of living: 8.3% less than avg. (19th lowest)
> Avg. homeownership cost for citizens 65 and older with no mortgage: $402 per month (11th lowest)
> Pop. 65 and older: 16.7% (23rd lowest)

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North Dakota
> Est. total retirement spending: $973,228 (20th least)
> Avg. cost of living: 10.7% less than avg. (14th lowest)
> Avg. homeownership cost for citizens 65 and older with no mortgage: $469 per month (22nd lowest – tied)
> Pop. 65 and older: 15.8% (7th lowest)

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Ohio
> Est. total retirement spending: $899,844 (10th least)
> Avg. cost of living: 11.6% less than avg. (9th lowest)
> Avg. homeownership cost for citizens 65 and older with no mortgage: $469 per month (22nd lowest – tied)
> Pop. 65 and older: 17.5% (19th highest)