A new study found Georgia residents rank No. 29 in the country, spending $1,519.86 per capita annually on prescription drugs.

The cost of prescription drugs is a growing problem, especially for seniors. Nearly half of Americans take at least one prescription medication, but that number jumps to 90% for seniors.

TheSeniorList today released a study on Which States' Residents Spend The Most On Prescriptions.

The study analyzed the most recent data from the Kaiser Family Foundation, GoodRx and the National Conference on State Legislatures.

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In total, Georgia residents spend a combined $15,851,195,571 annually. Texans spend the most in total with a combined $42,654,887,062 spent annually.

The study revealed the following national findings:

1000%: Increase in inflation-adjusted per-capita spending on prescription drugs since 1960.
125%: Amount Delaware residents pay more than Californians per-capita. (First and last on list)
$52,232: The most-costly drug per month is Actimmune $52,232 which treats Osteopetrosis.
U.S. Pays More Than Other Countries: Humira is one of many examples in the study. The drug costs $2,669 in the U.S., $1,362 in the U.K. and $822 in Switzerland.

As our country ages, we must lower the cost of prescription drugs, especially for seniors who may need multiple prescriptions while on a fixed income.