3. Oklahoma
$1 million will last: 25 years, 2 months
One of just four states with an annual cost of living under $40,000, Oklahoma has a lot to offer retirees. Groceries cost just $3,201, and transportation costs come in at $6,113. The real steal, however, is that the cost of housing is $11,616, which is the sixth-cheapest in the nation. Even if you only have $100,000 saved, your nest egg will stretch far in Oklahoma.
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