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Top 10 States With Highest Retirement Cost In USA In 2023

By, Muhd. Faizan

Date - 09/09/2023

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Hawaii 

Hawaii is the most expensive state to retire in the US, with an annual cost of living of $124,486.

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New York

New York is the second most expensive state to retire in the US, with an annual cost of living of $118,190.

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California

California is the third most expensive state to retire in the US, with an annual cost of living of $115,634.

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Massachusetts

Massachusetts is the 4th most expensive state to retire in the US, with an annual cost of living of $114,067.

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Connecticut

Connecticut  is the 5th most expensive state to retire in the US, with an annual cost of living of $114,160.

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Rhode Island

Rhode Island is the 6th most expensive state to retire in the US, with an annual cost of living of $110,679.

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New Jersey

New Jersey is the 7th most expensive state to retire in the US, with an annual cost of living of $109,472.

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Maryland

The high cost of living in Maryland is due to a number of factors, including the cost of housing, healthcare, and taxes.

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Vermont

Vermont has the 11th highest retirement cost in the US, with an annual cost of living of $105,838.

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Delaware

The high cost of living in Delaware is due to a number of factors, including the cost of housing, healthcare, and property taxes.

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