How Much Savings Is Needed To Retire by 40 in Every U.S State – 2025

Early retirement costs differ greatly by state—West Virginia is the cheapest at $4,055/month, while Hawaii is the most expensive at $9,013/month.

Thinking about early retirement? Where you live can greatly impact your costs—so you may need to boost your savings to make it happen.

To estimate how much you need to retire at 40, ProfessPost analyzed each state’s cost of living and average spending for retired households.

Here’s how much you’d need to save to retire by age 40 in each U.S. state, ranked from the lowest to highest cost of living.