Salary Needed to Live in Beaumont as a Retiree
A retired individual (65+) needs approximately $16,286/year to live comfortably in Beaumont, TX — including 5% savings.
Comfortable Salary
$16,286
with 5% savings
Bare Minimum
$15,200
no savings buffer
Monthly Expenses
$950
22% below national avg
Detailed Monthly Budget for a Retiree in Beaumont
| Expense | Beaumont | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $89 | $121 | -26% |
| 🛒 Groceries | $18 | $16 | +13% |
| ⚡ Utilities | $12 | $15 | -20% |
| 🚗 Transportation | $10 | $18 | -44% |
| 🛡️ Car Insurance | $137 | $223 | -39% |
| 🏥 Health Insurance | $53 | $56 | -5% |
| Medicare Supplement | $164 | $200 | -18% |
| Prescription Drugs | $123 | $150 | -18% |
| Internet + Phone | $98 | $120 | -18% |
| Recreation & Social | $164 | $200 | -18% |
| Home Maintenance | $82 | $100 | -18% |
| Total Monthly | $950 | $1,219 | -22% |
How We Calculated the Salary
Monthly expenses:$950
Target savings (5%):$54/mo
Monthly after-tax needed:$1,004
Effective tax rate:25%
Gross annual salary needed:$16,286
Other Household Types in Beaumont
Related Pages
FAQ
What salary does a retiree need in Beaumont?
A retiree needs approximately $16,286/year ($1,357/month gross) to live comfortably in Beaumont with a 5% savings rate.
How much is rent for a retiree in Beaumont?
A 1-2br senior-friendly in Beaumont costs approximately $89/month, which is the largest single expense at 9% of the total budget.
Is Beaumont affordable for a retiree?
Yes, Beaumont is 22% more affordable than the national average for a retiree.