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

28. Minnesota

$1 million will last: 22 years, 6 months
In Minnesota, groceries, transportation and especially healthcare costs are higher than the national average. Healthcare alone costs $6,447 a year. The silver linings are utilities and housing, which are cheaper than the national average. When you retire in Minnesota, expect to spend $44,530 a year, which is just under the national average.

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