Salary Needed to Live in College Station as a Retiree

A retired individual (65+) needs approximately $18,514/year to live comfortably in College Station, TX — including 5% savings.

Comfortable Salary
$18,514
with 5% savings
Bare Minimum
$17,280
no savings buffer
Monthly Expenses
$1,080
11% below national avg

Detailed Monthly Budget for a Retiree in College Station

ExpenseCollege StationNat'l AvgDiff
🏠 1-2BR Senior-Friendly Rent$107$121-12%
🛒 Groceries$18$16+13%
⚡ Utilities$14$15-7%
🚗 Transportation$13$18-28%
🛡️ Car Insurance$191$223-14%
🏥 Health Insurance$59$56+5%
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$1,080$1,219-11%

How We Calculated the Salary

Monthly expenses:$1,080
Target savings (5%):$61/mo
Monthly after-tax needed:$1,141
Effective tax rate:25%

Gross annual salary needed:$18,514

Other Household Types in College Station

Single Person
$17,926/yr
$971/mo expenses
Couple (No Kids)
$24,610/yr
$1,292/mo expenses
Family with Kids
$51,880/yr
$2,594/mo expenses

Related Pages

Living Alone in College StationCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a retiree need in College Station?
A retiree needs approximately $18,514/year ($1,543/month gross) to live comfortably in College Station with a 5% savings rate.
How much is rent for a retiree in College Station?
A 1-2br senior-friendly in College Station costs approximately $107/month, which is the largest single expense at 10% of the total budget.
Is College Station affordable for a retiree?
Yes, College Station is 11% more affordable than the national average for a retiree.
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