7 most expensive states to retire in

Hawaii tops the list of the most expensive states to retire in this year, with the average person needing over $2 million to comfortably retire there, according to an Oct. 9 report from CNBC based on a data report from Bankrate. 

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The study used data including a July 2022 cost-of-living index and property and sales tax rates to determine the ranking. 

The seven most expensive states to retire in:

1. Hawaii 

2. California 

3. Connecticut 

4. Massachusetts 

5. New Jersey 

6. Vermont 

7. Rhode Island

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