47. New York
$1 million will last: 17 years, 1 month
How long will my money last? That’s the question every retiree wants to know. In New York, the answer is not long enough. $1 million will take you slightly further in the Empire State than in the frozen wilderness of Alaska — one month further, to be exact. Utilities are relatively benign, but both groceries and transportation claim the title of ninth-highest in the nation. The real trouble, however, is housing. At $29,055, housing in New York costs more than it does in all but just two other states.
Stretch Your Dollars: 6 Ways to Make Your Retirement Savings Last
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