Determining the exact amount of money you need to save to retire comfortably is difficult — and reaching that goal may be even grueling.
The traditional standard for a comfortable retirement is around $1 million — although you can get by on less in some states and need much more in other states. This number is way out of reach for many Americans, though, considering 28% of people recently told GOBankingRates that they had nothing saved and most of the rest don’t have close to seven figures.
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As big a chunk of change a $1 million sounds like, surprisingly it doesn’t last quite as long as you might think it would — but that all depends on the state you live in when you retire.
If you live in one of the more expensive states, like Hawaii or New York, you’ll want to work as long as possible and save as much money as possible because $1 million won’t even cover your living expenses for 15 years. There is a bit more cushion in many Midwestern and Southern states, though, if you live there or planning a move.
Find out how long $1 million in savings will last in your state — in order from shortest time to longest.
Hawaii
Annual groceries cost: $6,463
Annual housing cost: $37,135
Annual utilities cost: $8,573
Annual transportation cost: $6,168
Annual healthcare cost: $9,607
Total annual expenditures: $137,773
How long $1 million will last: 7.3 years
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California
Annual groceries cost: $5,536
Annual housing cost: $25,000
Annual utilities cost: $
Annual transportation cost: $6,283
Annual healthcare cost: $8,554
Total annual expenditures: $101,718
How long $1 million will last: 9.2 years
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Massachusetts
Annual groceries cost: $5,174
Annual housing cost: $26,210
Annual utilities cost: $6,495
Annual transportation cost: $5,067
Annual healthcare cost: $9,972
Total annual expenditures: $99,573
How long $1 million will last: 10 years
Washington
Annual groceries cost: $5,234
Annual housing cost: $15,201
Annual utilities cost: $4,010
Annual transportation cost: $5,724
Annual healthcare cost: $9,369
Total annual expenditures: $83,426
How long $1 million will last: 12 years
New Jersey
Annual groceries cost: $5,164
Annual housing cost: $16,399
Annual utilities cost: $4,356
Annual transportation cost: $4,886
Annual healthcare cost: $8,528
Total annual expenditures: $79,957
How long $1 million will last: 12.5 years
New York
Annual groceries cost: $5,149
Annual housing cost: $20,125
Annual utilities cost: $4,317
Annual transportation cost: $4,942
Annual healthcare cost: $8,639
Total annual expenditures: $76,515
How long $1 million will last: 13.1 years
Oregon
Annual groceries cost: $5,263
Annual housing cost: $15,968
Annual utilities cost: $3,884
Annual transportation cost: $5,488
Annual healthcare cost: $8,703
Total annual expenditures: $75,660
How long $1 million will last: 13.2 years
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Colorado
Annual groceries cost: $4,991
Annual housing cost: $12,901
Annual utilities cost: $3,867
Annual transportation cost: $4,386
Annual healthcare cost: $8,274
Total annual expenditures: $74,621
How long $1 million will last: 13.4 years
Utah
Annual groceries cost: $4,842
Annual housing cost: $13,991
Annual utilities cost: $4,165
Annual transportation cost: $5,002
Annual healthcare cost: $7,013
Total annual expenditures: $73,465
How long $1 million will last: 13.6 years
New Hampshire
Annual groceries cost: $4,951
Annual housing cost: $14,075
Annual utilities cost: $4,867
Annual transportation cost: $4,886
Annual healthcare cost: $8,258
Total annual expenditures: $73,355
How long $1 million will last: 13.6 years
Alaska
Annual groceries cost: $6,299
Annual housing cost: $14,135
Annual utilities cost: $6,616
Annual transportation cost: $5,289
Annual healthcare cost: $11,900
Total annual expenditures: $72,349
How long $1 million will last: 13.8 years
Rhode Island
Annual groceries cost: $5,050
Annual housing cost: $13,584
Annual utilities cost: $6,062
Annual transportation cost: $4,456
Annual healthcare cost: $8,298
Total annual expenditures: $72,220
How long $1 million will last: 13.9
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Maryland
Annual groceries cost: $5,308
Annual housing cost: $16,267
Annual utilities cost: $4,776
Annual transportation cost: $4,706
Annual healthcare cost: $8,004
Total annual expenditures: $70,645
How long $1 million will last: 14.2 years
Connecticut
Annual groceries cost: $5,085
Annual housing cost: $14,039
Annual utilities cost: $5,884
Annual transportation cost: $4,849
Annual healthcare cost: $8,718
Total annual expenditures: $70,133
How long $1 million will last: 14.3 years
Arizona
Annual groceries cost: $5,011
Annual housing cost: $15,800
Annual utilities cost: $4,559
Annual transportation cost: $4,831
Annual healthcare cost: $7,354
Total annual expenditures: $69,352
How long $1 million will last: 14.4 years
Nevada
Annual groceries cost: $5,115
Annual housing cost: $12,901
Annual utilities cost: $4,499
Annual transportation cost: $5,506
Annual healthcare cost: $6,910
Total annual expenditures: $68,336
How long $1 million will last: 14.6 years
Maine
Annual groceries cost: $5,030
Annual housing cost: $15,417
Annual utilities cost: $4,806
Annual transportation cost: $4,974
Annual healthcare cost: $9,020
Total annual expenditures: $67,770
How long $1 million will last: 14.8 years
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Vermont
Annual groceries cost: $5,263
Annual housing cost: $15,537
Annual utilities cost: $5,007
Annual transportation cost: $4,433
Annual healthcare cost: $8,837
Total annual expenditures: $67,589
How long $1 million will last: 14.8 years
Idaho
Annual groceries cost: $5,134
Annual housing cost: $12,087
Annual utilities cost: $3,373
Annual transportation cost: $5,071
Annual healthcare cost: $7,814
Total annual expenditures: $66,598
How long $1 million will last: 15 years
Montana
Annual groceries cost: $5,020
Annual housing cost: $10,362
Annual utilities cost: $3,607
Annual transportation cost: $5,076
Annual healthcare cost: $8,433
Total annual expenditures: $65,359
How long $1 million will last: 15.3 years
Florida
Annual groceries cost: $5,214
Annual housing cost: $12,949
Annual utilities cost: $4,412
Annual transportation cost: $4,571
Annual healthcare cost: $7,854
Total annual expenditures: $64,693
How long $1 million will last: 15.5 years
Virginia
Annual groceries cost: $4,936
Annual housing cost: $12,518
Annual utilities cost: $4,321
Annual transportation cost: $4,391
Annual healthcare cost: $8,330
Total annual expenditures: $63,720
How long $1 million will last: 15.7
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Delaware
Annual groceries cost: $5,080
Annual housing cost: $11,668
Annual utilities cost: $4,252
Annual transportation cost: $4,729
Annual healthcare cost: $8,123
Total annual expenditures: $61,855
How long $1 million will last: 16.2 years
Wyoming
Annual groceries cost: $4,971
Annual housing cost: $10,613
Annual utilities cost: $3,858
Annual transportation cost: $4,275
Annual healthcare cost: $8,274
Total annual expenditures: $57,755
How long $1 million will last: 17.3 years
North Carolina
Annual groceries cost: $4,877
Annual housing cost: $11,176
Annual utilities cost: $4,204
Annual transportation cost: $4,331
Annual healthcare cost: $8,306
Total annual expenditures: $57,186
How long $1 million will last: 17.5 years
Minnesota
Annual groceries cost: $5,060
Annual housing cost: $9,691
Annual utilities cost: $4,217
Annual transportation cost: $4,400
Annual healthcare cost: $8,330
Total annual expenditures: $56,487
How long $1 million will last: 17.7 years
Wisconsin
Annual groceries cost: $4,857
Annual housing cost: $10,973
Annual utilities cost: $4,010
Annual transportation cost: $4,548
Annual healthcare cost: $8,441
Total annual expenditures: $55,632
How long $1 million will last: 18 years
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Georgia
Annual groceries cost: $4,822
Annual housing cost: $9,487
Annual utilities cost: $4,217
Annual transportation cost: $4,442
Annual healthcare cost: $7,965
Total annual expenditures: $55,060
How long $1 million will last: 18.2 years
South Dakota
Annual groceries cost: $4,832
Annual housing cost: $10,553
Annual utilities cost: $3,616
Annual transportation cost: $4,548
Annual healthcare cost: $8,012
Total annual expenditures: $53,903
How long $1 million will last: 18.6 years
New Mexico
Annual groceries cost: $4,778
Annual housing cost: $10,410
Annual utilities cost: $3,650
Annual transportation cost: $4,169
Annual healthcare cost: $8,147
Total annual expenditures: $53,602
How long $1 million will last: 18.7 years
South Carolina
Annual groceries cost: $4,921
Annual housing cost: $10,386
Annual utilities cost: $4,430
Annual transportation cost: $4,382
Annual healthcare cost: $7,378
Total annual expenditures: $53,507
How long $1 million will last: 18.7 years
Tennessee
Annual groceries cost: $4,812
Annual housing cost: $9,967
Annual utilities cost: $3,776
Annual transportation cost: $4,123
Annual healthcare cost: $7,029
Total annual expenditures: $53,204
How long $1 million will last: 18.8 years
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Texas
Annual groceries cost: $4,763
Annual housing cost: $9,823
Annual utilities cost: $4,559
Annual transportation cost: $4,294
Annual healthcare cost: $7,497
Total annual expenditures: $53,174
How long $1 million will last: 18.8 years
Illinois
Annual groceries cost: $4,862
Annual housing cost: $9,979
Annual utilities cost: $4,308
Annual transportation cost: $4,784
Annual healthcare cost: $7,862
Total annual expenditures: $51,975
How long $1 million will last: 19.2 years
Pennsylvania
Annual groceries cost: $4,916
Annual housing cost: $10,098
Annual utilities cost: $4,590
Annual transportation cost: $4,826
Annual healthcare cost: $7,187
Total annual expenditures: $51,483
How long $1 million will last: 19.4 years
North Dakota
Annual groceries cost: $4,708
Annual housing cost: $9,595
Annual utilities cost: $3,507
Annual transportation cost: $4,618
Annual healthcare cost: $8,584
Total annual expenditures: $51,077
How long $1 million will last: 19.6 years
Nebraska
Annual groceries cost: $4,916
Annual housing cost: $9,583
Annual utilities cost: $3,828
Annual transportation cost: $4,474
Annual healthcare cost: $7,933
Total annual expenditures: $50,003
How long $1 million will last: 20 years
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Ohio
Annual groceries cost: $4,901
Annual housing cost: $10,266
Annual utilities cost: $4,300
Annual transportation cost: $4,437
Annual healthcare cost: $7,497
Total annual expenditures: $48,627
How long $1 million will last: 20.6 years
Indiana
Annual groceries cost: $4,822
Annual housing cost: $9,236
Annual utilities cost: $3,919
Annual transportation cost: $4,567
Annual healthcare cost: $7,719
Total annual expenditures: $48,124
How long $1 million will last: 20.8 years
Missouri
Annual groceries cost: $4,758
Annual housing cost: $9,320
Annual utilities cost: $4,278
Annual transportation cost: $4,035
Annual healthcare cost: $7,282
Total annual expenditures: $48,093
How long $1 million will last: 20.8 years
Michigan
Annual groceries cost: $4,867
Annual housing cost: $8,829
Annual utilities cost: $4,243
Annual transportation cost: $4,608
Annual healthcare cost: $7,084
Total annual expenditures: $47,603
How long $1 million will last: 21 years
Kentucky
Annual groceries cost: $4,946
Annual housing cost: $9,427
Annual utilities cost: $3,633
Annual transportation cost: $4,479
Annual healthcare cost: $8,457
Total annual expenditures: $46,774
How long $1 million will last: 21.4 years
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Iowa
Annual groceries cost: $4,787
Annual housing cost: $8,960
Annual utilities cost: $4,023
Annual transportation cost: $4,516
Annual healthcare cost: $7,600
Total annual expenditures: $46,367
How long $1 million will last: 21.6 years
Kansas
Annual groceries cost: $4,698
Annual housing cost: $8,673
Annual utilities cost: $4,274
Annual transportation cost: $4,169
Annual healthcare cost: $7,497
Total annual expenditures: $46,212
How long $1 million will last: 21.6
Louisiana
Annual groceries cost: $4,763
Annual housing cost: $7,663
Annual utilities cost: $3,399
Annual transportation cost: $4,414
Annual healthcare cost: $7,663
Total annual expenditures: $45,337
How long $1 million will last: 22.1 years
Alabama
Annual groceries cost: $4,817
Annual housing cost: $8,325
Annual utilities cost: $4,330
Annual transportation cost: $4,201
Annual healthcare cost: $6,902
Total annual expenditures: $45,321
How long $1 million will last: 22.1
Oklahoma
Annual groceries cost: $4,728
Annual housing cost: $8,218
Annual utilities cost: $4,131
Annual transportation cost: $4,197
Annual healthcare cost: $7,663
Total annual expenditures: $44,412
How long $1 million will last: 22.5 years
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Arkansas
Annual groceries cost: $4,718
Annual housing cost: $8,960
Annual utilities cost: $3,927
Annual transportation cost: $4,164
Annual healthcare cost: $6,799
Total annual expenditures: $44,353
How long $1 million will last: 22.6 years
Mississippi
Annual groceries cost: $4,773
Annual housing cost: $8,852
Annual utilities cost: $3,849
Annual transportation cost: $4,155
Annual healthcare cost: $7,877
Total annual expenditures: $43,005
How long $1 million will last: 23.3 years
West Virginia
Annual groceries cost: $4,906
Annual housing cost: $7,175
Annual utilities cost: $4,183
Annual transportation cost: $4,308
Annual healthcare cost: $7,751
Total annual expenditures: $40,816
How long $1 million will last in savings: 24.5 years
Travis Woods and Jordan Rosenfeld contributed to the reporting for this article.
Methodology: GOBankingRates found total population, population ages 65 and over, total households and household median income — all sourced from the U.S. Census American Community Survey — and used the Missouri Economic Research Information Center for grocery, healthcare, housing, utilities, transportation and miscellaneous cost-of-living indexes. Using the cost of living indexes and the national average expenditure costs for retired households, as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey, the average expenditure cost for each location was calculated. The average single-family home value was sourced from Zillow Home Value Index for Feb. 27, 2025. Using the home value, assuming a 10% down payment, and using the most recent national average 30-year fixed mortgage rate, as sourced from the Federal Reserve Economic Data, the average mortgage was calculated. Using the average mortgage and average expenditure costs, the average cost of living was calculated. Assuming $1 million in retirement savings, the number of years to draw down was calculated. The states were sorted to show the shortest to longest years until your savings is depleted. All data was collected on and is up to date as of Feb. 27, 2025.
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This article originally appeared on GOBankingRates.com: How Long $1 Million in Retirement Will Last in Every State
