Where Should You Retire in 2025? Here's What It Actually Costs

America has 11 states where 1 in 5 residents are 65+. But retirement isn’t equally affordable everywhere.

The extremes tell the story:

Retiring solo in Hawaii? Budget $6,782/month after Social Security — the highest in the nation (COL index: 182.3). By contrast, West Virginia retirees spend just $2,264/month. That’s a $4,518 gap.

The sweet spots:

• West Virginia (COL 88.6): Most affordable. Single retiree: $2,264/mo
• Montana (COL 96): 4% cheaper than average. Single: $2,640/mo
• Florida (COL 102): Beach life without breaking the bank. Single: $2,910/mo
• New Mexico (COL 94.2): Desert charm on a budget. Single: $2,534/mo

The expensive picks:

• Hawaii: Paradise premium. Single: $6,782/mo (182.3 COL)
• Vermont: Northeast pricey. Single: $3,474/mo (113.7 COL)
• Maine: Coastal costs. Single: $3,460/mo (113.4 COL)

Key insight: Cost-of-living varies wildly within states. Montana has high healthcare but ultra-cheap housing. New Hampshire’s groceries are cheap; utilities aren’t. Pennsylvania ranks 25th overall but benefits from low healthcare.

Bottom line: A couple on Social Security could retire comfortably in Montana or West Virginia for under $2k/month, or blow $5.8k+ monthly in Hawaii. Location choice can literally be the difference between having a stress-free retirement and running short.