Salary Needed to Live in Clarksville as a Retiree
A retired individual (65+) needs approximately $17,931/year to live comfortably in Clarksville, TN — including 5% savings.
Comfortable Salary
$17,931
with 5% savings
Bare Minimum
$16,736
no savings buffer
Monthly Expenses
$1,046
14% below national avg
Detailed Monthly Budget for a Retiree in Clarksville
| Expense | Clarksville | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $130 | $121 | +7% |
| 🛒 Groceries | $17 | $16 | +6% |
| ⚡ Utilities | $11 | $15 | -27% |
| 🚗 Transportation | $14 | $18 | -22% |
| 🛡️ Car Insurance | $142 | $223 | -36% |
| 🏥 Health Insurance | $54 | $56 | -4% |
| Medicare Supplement | $176 | $200 | -12% |
| Prescription Drugs | $132 | $150 | -12% |
| Internet + Phone | $106 | $120 | -12% |
| Recreation & Social | $176 | $200 | -12% |
| Home Maintenance | $88 | $100 | -12% |
| Total Monthly | $1,046 | $1,219 | -14% |
How We Calculated the Salary
Monthly expenses:$1,046
Target savings (5%):$59/mo
Monthly after-tax needed:$1,105
Effective tax rate:25%
Gross annual salary needed:$17,931
Other Household Types in Clarksville
Related Pages
FAQ
What salary does a retiree need in Clarksville?
A retiree needs approximately $17,931/year ($1,494/month gross) to live comfortably in Clarksville with a 5% savings rate.
How much is rent for a retiree in Clarksville?
A 1-2br senior-friendly in Clarksville costs approximately $130/month, which is the largest single expense at 12% of the total budget.
Is Clarksville affordable for a retiree?
Yes, Clarksville is 14% more affordable than the national average for a retiree.