Money

The 15 US cities where your $100,000 retirement savings will go furthest

Retired couple
Francis Dean | Getty Images

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.

Columbus, Ohio
Getty Images
Columbus, Ohio

15. Columbus, Ohio

Average annual taxes: $3,470

Average annual housing costs: $8,340

Overall annual cost of living: $44,360


Nashville, Tennessee.
Swapan Jha | Moment Open | Getty Images
Nashville, Tennessee.

14. Nashville, Tennessee

Average annual taxes: $3,460

Average annual housing costs: $8,320

Overall annual cost of living: $44,270


Bakersfield, California
1Flatworld | Flickr
Bakersfield, California

13. Bakersfield, California

Average annual taxes: $3,460

Average annual housing costs: $8,310

Overall annual cost of living: $44,180


A view of Phoenix at dusk
Craig Stocks | iStock / 360 | Getty Images
A view of Phoenix at dusk

12. Phoenix, Arizona

Average annual taxes: $3,440

Average annual housing costs: $8,260

Overall annual cost of living: $43,940


Austin, Texas
David Sucsy | Getty Images
Austin, Texas

11. Austin, Texas

Average annual taxes: $3,430

Average annual housing costs: $8,240

Overall annual cost of living: $43,850


Dallas, Texas
Kanonsky | Getty Images
Dallas, Texas

10. Dallas, Texas

Average annual taxes: $3,430

Average annual housing costs: $8,240

Overall annual cost of living: $43,820


South Dakota
Rich Murphy | Sioux Falls Convention & Visitors Bureau
South Dakota

9. Sioux Falls, South Dakota

Average annual taxes: $3,400

Average annual housing costs: $8,180

Overall annual cost of living: $43,530


Tulsa, Oklahoma
Walter Bibikow | Getty Images
Tulsa, Oklahoma

8. Tulsa, Oklahoma

Average annual taxes: $3,380

Average annual housing costs: $8,120

Overall annual cost of living: $43,160


Madison, Wisconsin.
Hernryk Sadura | Getty Images
Madison, Wisconsin.

7. Madison, Wisconsin

Average annual taxes: $3,370

Average annual housing costs: $8,110

Overall annual cost of living: $43,150


Kansas City, Missouri
Zach Werner | Flickr
Kansas City, Missouri

6. Kansas City, Missouri

Average annual taxes: $3,370

Average annual housing costs: $8,100

Overall annual cost of living: $43,090


Rochester, New York
Brady Dillsworth | Bloomberg | Getty Images
Rochester, New York

5. Rochester, New York

Average annual taxes: $3,340

Average annual housing costs: $8,030

Overall annual cost of living: $42,690


Utah's state capitol building, Salt Lake City
Joseph Sohm | Getty Images
Utah's state capitol building, Salt Lake City

4. Salt Lake City, Utah

Average annual taxes: $3,330

Average annual housing costs: $8,020

Overall annual cost of living: $42,640


Albuquerque, New Mexico.
Bob Thomason | Getty Images
Albuquerque, New Mexico.

3. Albuquerque, New Mexico

Average annual taxes: $3,260

Average annual housing costs: $7,850

Overall annual cost of living: $41,750


Tucson, Arizona
Jeff Overs | Getty Images
Tucson, Arizona

2. Tucson, Arizona

Average annual taxes: $3,250

Average annual housing costs: $7,810

Overall annual cost of living: $41,510


Oklahoma City, Oklahoma
Jeremy Woodhouse | Image Bank | Getty Images
Oklahoma City, Oklahoma

1. Oklahoma City, Oklahoma

Average annual taxes: $3,230

Average annual housing costs: $7,780

Overall annual cost of living: $41,360