The mean retirement savings of all U.S. families is nearly $100,000.
While that may not be enough to last you through your golden years — a good rule of thumb is to have 10 times your final salary in savings if you want to retire by age 67 — it's a good start, and in some cities, is more than enough to cover a few years of retirement expenses.
GOBankingRates rounded up the American cities where your $100,000 retirement nest egg will stretch the furthest. The site ranked cities based on their cost of living index relative to the average annual expenses for retirees 65 and older.
If you want to make your savings last, consider these 15 places, where the average annual cost of living (including housing, utilities, taxes, healthcare services, and basic necessities) is less than $45,000.
15. Columbus, Ohio
Average annual taxes: $3,470
Average annual housing costs: $8,340
Overall annual cost of living: $44,360
14. Nashville, Tennessee
Average annual taxes: $3,460
Average annual housing costs: $8,320
Overall annual cost of living: $44,270
13. Bakersfield, California
Average annual taxes: $3,460
Average annual housing costs: $8,310
Overall annual cost of living: $44,180
12. Phoenix, Arizona
Average annual taxes: $3,440
Average annual housing costs: $8,260
Overall annual cost of living: $43,940
11. Austin, Texas
Average annual taxes: $3,430
Average annual housing costs: $8,240
Overall annual cost of living: $43,850
10. Dallas, Texas
Average annual taxes: $3,430
Average annual housing costs: $8,240
Overall annual cost of living: $43,820
9. Sioux Falls, South Dakota
Average annual taxes: $3,400
Average annual housing costs: $8,180
Overall annual cost of living: $43,530
8. Tulsa, Oklahoma
Average annual taxes: $3,380
Average annual housing costs: $8,120
Overall annual cost of living: $43,160
7. Madison, Wisconsin
Average annual taxes: $3,370
Average annual housing costs: $8,110
Overall annual cost of living: $43,150
6. Kansas City, Missouri
Average annual taxes: $3,370
Average annual housing costs: $8,100
Overall annual cost of living: $43,090
5. Rochester, New York
Average annual taxes: $3,340
Average annual housing costs: $8,030
Overall annual cost of living: $42,690
4. Salt Lake City, Utah
Average annual taxes: $3,330
Average annual housing costs: $8,020
Overall annual cost of living: $42,640
3. Albuquerque, New Mexico
Average annual taxes: $3,260
Average annual housing costs: $7,850
Overall annual cost of living: $41,750
2. Tucson, Arizona
Average annual taxes: $3,250
Average annual housing costs: $7,810
Overall annual cost of living: $41,510
1. Oklahoma City, Oklahoma
Average annual taxes: $3,230
Average annual housing costs: $7,780
Overall annual cost of living: $41,360
