How long will $1 Million last if you’re moving to the West Coast?
The median cost of living on the West Coast was solely based on gathered data from five different states (that are listed above).
The study proved that the median overall cost of living on the West Coast is no less than 17% above the national average, at $60,984.
Based only on this number, and excluding any potential investment gains that might have earned that money, $1 million won’t last more than 16.48 years if you decide to live on the West Coast. As those five states in this particular study are quite different in terms of their expenses, deciding on your state of residence in this part of the country might greatly affect how long your money might last.
