Low transportation costs are one of the financial benefits of retiring in South Carolina. The state’s average annual spending on transportation — $6,965 — is the ninth-lowest in the U.S. Grocery costs, however, are nearly 5% above the national average.
Combined with other expenses, and a 20% cushion, you would need a total of $1,217,494.65 in retirement savings to live comfortably for 20 years.
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