16. Nebraska
$1 million will last: 23 years, 10 months
The annual cost of transportation in Nebraska is $7,051, which is the only category that is more expensive than the national average. Housing costs just $13,743, and at $3,204, the cost of annual utilities are also relatively inexpensive. When everything is calculated, retirees can expect to spend about $41,939 in the state of Nebraska.
Maybe $1 million is enough for you for retirement. Learn how to determine how much money you need to retire.
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