Salary Needed to Live in Frisco as a Retiree
A retired individual (65+) needs approximately $21,326/year to live comfortably in Frisco, TX — including 5% savings.
Comfortable Salary
$21,326
with 5% savings
Bare Minimum
$19,904
no savings buffer
Monthly Expenses
$1,244
2% above national avg
Detailed Monthly Budget for a Retiree in Frisco
| Expense | Frisco | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $156 | $121 | +29% |
| 🛒 Groceries | $18 | $16 | +13% |
| ⚡ Utilities | $14 | $15 | -7% |
| 🚗 Transportation | $19 | $18 | +6% |
| 🛡️ Car Insurance | $177 | $223 | -21% |
| 🏥 Health Insurance | $59 | $56 | +5% |
| Medicare Supplement | $208 | $200 | +4% |
| Prescription Drugs | $156 | $150 | +4% |
| Internet + Phone | $125 | $120 | +4% |
| Recreation & Social | $208 | $200 | +4% |
| Home Maintenance | $104 | $100 | +4% |
| Total Monthly | $1,244 | $1,219 | +2% |
How We Calculated the Salary
Monthly expenses:$1,244
Target savings (5%):$70/mo
Monthly after-tax needed:$1,314
Effective tax rate:25%
Gross annual salary needed:$21,326
Other Household Types in Frisco
Related Pages
FAQ
What salary does a retiree need in Frisco?
A retiree needs approximately $21,326/year ($1,777/month gross) to live comfortably in Frisco with a 5% savings rate.
How much is rent for a retiree in Frisco?
A 1-2br senior-friendly in Frisco costs approximately $156/month, which is the largest single expense at 13% of the total budget.
Is Frisco affordable for a retiree?
Frisco is roughly average for retiree costs, requiring a salary close to the national median.