Categories: Retirement Life

How Long $1 Million Will Last in Retirement in Every State

43. Oregon

$1 million will last: 17 years, 7 months
With an annual average of $27,316, just four states demand more from their retirees in terms of housing costs than Oregon. At $3,938 a year, grocery bills are also high compared to the national average. Residents get a break, however, in the category of utilities. The annual cost is just $2,903, which is the second-lowest in the country. In the end, $1 million won’t cut it if you want to retire in Oregon.
If you’re staying in Oregon but still want to cut costs, consider moving to the Hermiston-Pendleton area in Eastern Oregon. It’s the best place to live in Oregon on a fixed income.

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