A group of US senior citizens sitting in a park. — X/@asleycourtcare

Even though retirees in the United States may relocate to a location with better weather or to be nearer to family, living expenses can also play a significant role.

According to a new GOBankingRates review of retirement expenses in all 50 states and the District of Columbia, the annual cost to retire comfortably varies by as much as $66,000 between states, with Hawaii costing the highest by far.

Hawaii has the highest estimated yearly retirement costs in the nation, coming in at $121,228 for retirees. Additionally, it’s the only district or state where retirees must spend six figures.

Since most items are imported by sea, the cost of living in the Aloha state is expensive for all citizens. This is primarily because of greater transportation expenses. Higher-priced items are the result of passing on those additional expenses to customers. Hawaii has scarce and attractive land, which contributes to some of the highest home costs in the nation.

The annual retirement costs for each state are listed below in alphabetical order.

Alabama

$56,769

Alaska

$81,796

Arizona

$70,390

Arkansas

$58,854

California

$90,399

Colorado

$68,565

Connecticut

$75,213

Delaware

$68,696

District of Columbia

$99,980

Florida

$68,109

Georgia

$57,942

Hawaii

$121,228

Idaho

$64,459

Illinois

$59,897

Indiana

$58,789

Iowa

$57,485

Kansas

$56,899

Kentucky

$60,484

Louisiana

$60,940

Maine

$74,627

Maryland

$80,884

Massachusetts

$97,699

Michigan

$59,767

Minnesota

$61,983

Mississippi

$55,074

Missouri

$58,724

Montana

$68,631

Nebraska

$59,376

Nevada

$66,415

New Hampshire

$74,757

New Jersey

$74,301

New Mexico

$61,135

New York

$88,444

North Carolina

$63,156

North Dakota

$63,482

Ohio

$58,268

Oklahoma

$56,508

Oregon

$79,645

Pennsylvania

$64,003

Rhode Island

$72,476

South Carolina

$62,765

South Dakota

$62,634

Tennessee

$58,854

Texas

$60,353

Utah

$66,480

Vermont

$75,865

Virginia

$66,545

Washington

$74,301

West Virginia

$58,528

Wisconsin

$61,200

Wyoming

$59,741



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