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24/7 Wall St.: States Where Seniors Cannot Afford to Live

9. Rhode Island

Elderly economic security gap: $7,208
Median elder income: $17,200 (25th lowest)
Annual cost of comfortable living for an elder: $24,408 (10th highest)
Life expectancy in years: 79.3 (18th longest)
Housing costs per month: $859 (7th highest)
Health care costs per month: $370 (9th lowest)

The average person over 65 in Rhode Island makes $17,200 per year, the 25th-lowest rate in the country, according to the Economic Security Database. However, an independent senior citizen needs $24,408 annually to live healthily, the 10th-highest cost in the country. The average single, renting senior citizen spends $2,916 each year on food, the 10th most in the country. The same resident spends $859 per month on rent, or $10,308 per year, more than all but six other states.

(AP Photo)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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