$1 million will last: 25 years, 6 months
At $39,260, the cost of living in Arkansas is cheaper than it is in all but one other state. Housing costs just $12,004 a year, and groceries cost a low $3,100 — the fourth-lowest cost in the country. Everything else is comparatively cheap in Arkansas, too. Healthcare costs are second-lowest in the country at $5,025, and you can expect to spend just $5,997 in transportation costs, the lowest amount in the nation.