Retire On $50K a Year in These States

Are there any states in the United States where you can comfortably retire without a million dollars?  The answer is yes. Here are the 24 states where your retirement will cost less than $50,000 a year.

Annual grocery cost: $4,394 Annual housing cost: $9,348 Annual utilities cost: $3,737 Annual transportation cost: $3,734 Annual health cost: $7,670

North Carolina

Annual Costs: $49,899

Annual grocery cost: $4,385 Annual housing cost: $8,860 Annual utilities cost: $4,054 Annual transportation cost: $3,906 Annual health cost: $8,211

Wisconsin

Annual Costs: $49,795

Annual grocery cost: $4,205 Annual housing cost: $8,029 Annual utilities cost: $4,160 Annual transportation cost: $4,320 Annual health cost: $5,554

Kentucky

Annual Costs: $49,482

Annual grocery cost: $4,690 Annual housing cost: $9,650 Annual utilities cost: $3,521 Annual transportation cost: $3,787 Annual health cost: $6,650

South Dakota

Annual Costs: $49,273

Annual grocery cost: $4,510 Annual housing cost: $8,476 Annual utilities cost: $4,337 Annual transportation cost: $3,730 Annual health cost: $6,735

South Carolina

Annual Costs: $49,169

Annual grocery cost: $4,434 Annual housing cost: $9,182 Annual utilities cost: $3,513 Annual transportation cost: $4,046 Annual health cost: $7,093

New Mexico

Annual Costs: $49,013

Annual grocery cost: $4,380 Annual housing cost: $9,006 Annual utilities cost: $3,423 Annual transportation cost: $3,963 Annual health cost: $7,079

Louisiana

Annual Costs: $48,804

Annual grocery cost: $4,430 Annual housing cost: $8,517 Annual utilities cost: $3,635 Annual transportation cost: $4,341 Annual health cost: $6,918

Illinois

Annual Costs: $48,283

Annual grocery cost: $4,641 Annual housing cost: $8,559 Annual utilities cost: $3,235 Annual transportation cost: $4,013 Annual health cost: $6,749

Wyoming

Annual Costs: $48,230

Annual grocery cost: $4,061 Annual housing cost: $8,798 Annual utilities cost: $4,027 Annual transportation cost: $3,791 Annual health cost: $6,664

Texas

Annual Costs: $48,230

Annual grocery cost: $4,119 Annual housing cost: $8,424 Annual utilities cost: $3,878 Annual transportation cost: $4,050 Annual health cost: $6,854

Michigan

Annual Costs: $48,074

Annual grocery cost: $4,452 Annual housing cost: $7,821 Annual utilities cost: $3,698 Annual transportation cost: $3,959 Annual health cost: $6,861

Ohio

Annual Costs: $47,918

Annual grocery cost: $4,380 Annual housing cost: $8,621 Annual utilities cost: $3,415 Annual transportation cost: $4,058 Annual health cost: $7,269

Nebraska

Annual Costs: $47,918

Annual grocery cost: $4,169 Annual housing cost: $8,091 Annual utilities cost: $3,823 Annual transportation cost: $3,771 Annual health cost: $5,765

Arkansas

Annual Costs: $47,240

Annual grocery cost: $4,245 Annual housing cost: $8,486 Annual utilities cost: $3,678 Annual transportation cost: $3,713 Annual health cost: $6,320

Tennessee

Annual Costs: $47,031

Annual grocery cost: $4,439 Annual housing cost: $7,146 Annual utilities cost: $3,701 Annual transportation cost: $4,563 Annual health cost: $7,157

West Virginia

Annual Costs: $46,927

Annual grocery cost: $4,214 Annual housing cost: $8,040 Annual utilities cost: $4,078 Annual transportation cost: $3,857 Annual health cost: $6,714

Indiana

Annual Costs: $46,875

Annual grocery cost: $4,475 Annual housing cost: $7,427 Annual utilities cost: $3,674 Annual transportation cost: $3,931 Annual health cost: $7,030

Iowa

Annual Costs: $46,510

Annual grocery cost: $4,290 Annual housing cost: $8,299 Annual utilities cost: $3,717 Annual transportation cost: $3,767 Annual health cost: $6,489

Missouri

Annual Costs: $46,458

Annual grocery cost: $4,254 Annual housing cost: $7,853 Annual utilities cost: $3,541 Annual transportation cost: $3,684 Annual health cost: $6,650

Georgia

Annual Costs: $46,197

Annual grocery cost: $4,389 Annual housing cost: $7,229 Annual utilities cost: $3,948 Annual transportation cost: $3,689 Annual health cost: $6,299

Alabama

Annual Costs: $45,936

Annual grocery cost: $4,214 Annual housing cost: $7,385 Annual utilities cost: $3,843 Annual transportation cost: $3,922 Annual health cost: $7,058

Kansas

Annual Costs: $45,623

Annual grocery cost: $4,214 Annual housing cost: $7,292 Annual utilities cost: $3,729 Annual transportation cost: $3,730 Annual health cost: $6,411

Oklahoma

Annual Costs: $44,737

Annual grocery cost: $4,155 Annual housing cost: $7,001 Annual utilities cost: $3,490 Annual transportation cost: $3,771 Annual health cost: $6,868

Mississippi

Annual Costs: $44,320