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  1. Social Security Administration released data on average monthly benefit amounts.

Social Security Benefit Averages and Retirement Costs in West Virginia and Hawaii

1 report, 1 independent Updated Wed 00:00
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What happened

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The Social Security Administration reported that the average monthly benefit was $2,071 in January 2026, which translates to an average annual benefit of $24,852. A separate analysis estimated that a single adult without children would need $64,504 annually to retire comfortably in Hawaii and $40,627 annually in West Virginia.

From fox13news.com

Why it matters

Some supportBrind's analysis of the reports

The figures highlight the financial pressure on households as inflation continues to drive up costs. The difference between the average benefit and the estimated living wage suggests varying income gaps for retirees in the two states.

The Social Security Administration has been releasing information regarding average monthly benefit amounts.

From fox13news.com

Who's involved

  • West VirginiaState whose required retirement income was analyzed.
  • HawaiiState whose required retirement income was analyzed.

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