Study: Retirement Money Goes Far in Tucson

A new report from GOBankingRates.com lists Tucson among the top 25 cities where $100,000 in retirement money will go furthest. The website 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, the survey says to consider the 25 places listed, where the average annual cost of living (including housing, utilities, taxes, healthcare services, and basic necessities) is less than $45,000. Tucson is ranked No. 2 on the list (behind Oklahoma City), with an overall annual cost of living of about $41,510.