Salary Needed to Live in Flint as a Retiree
A retired individual (65+) needs approximately $15,913/year to live comfortably in Flint, MI — including 5% savings.
Comfortable Salary
$15,913
with 5% savings
Bare Minimum
$14,838
no savings buffer
Monthly Expenses
$915
24% below national avg
Detailed Monthly Budget for a Retiree in Flint
| Expense | Flint | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $71 | $121 | -41% |
| 🛒 Groceries | $18 | $16 | +13% |
| ⚡ Utilities | $11 | $15 | -27% |
| 🚗 Transportation | $15 | $18 | -17% |
| 🛡️ Car Insurance | $162 | $211 | -23% |
| 🏥 Health Insurance | $53 | $53 | 0% |
| Medicare Supplement | $152 | $200 | -24% |
| Prescription Drugs | $114 | $150 | -24% |
| Internet + Phone | $91 | $120 | -24% |
| Recreation & Social | $152 | $200 | -24% |
| Home Maintenance | $76 | $100 | -24% |
| Total Monthly | $915 | $1,204 | -24% |
How We Calculated the Salary
Monthly expenses:$915
Target savings (5%):$52/mo
Monthly after-tax needed:$967
Effective tax rate:26%
Gross annual salary needed:$15,913
Other Household Types in Flint
Related Pages
FAQ
What salary does a retiree need in Flint?
A retiree needs approximately $15,913/year ($1,326/month gross) to live comfortably in Flint with a 5% savings rate.
How much is rent for a retiree in Flint?
A 1-2br senior-friendly in Flint costs approximately $71/month, which is the largest single expense at 8% of the total budget.
Is Flint affordable for a retiree?
Yes, Flint is 24% more affordable than the national average for a retiree.