Salary Needed to Live in Hattiesburg as a Retiree
A retired individual (65+) needs approximately $15,789/year to live comfortably in Hattiesburg, MS — including 5% savings.
Comfortable Salary
$15,789
with 5% savings
Bare Minimum
$14,736
no savings buffer
Monthly Expenses
$921
24% below national avg
Detailed Monthly Budget for a Retiree in Hattiesburg
| Expense | Hattiesburg | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $71 | $121 | -41% |
| 🛒 Groceries | $17 | $16 | +6% |
| ⚡ Utilities | $10 | $15 | -33% |
| 🚗 Transportation | $16 | $18 | -11% |
| 🛡️ Car Insurance | $162 | $223 | -27% |
| 🏥 Health Insurance | $44 | $56 | -21% |
| Medicare Supplement | $156 | $200 | -22% |
| Prescription Drugs | $117 | $150 | -22% |
| Internet + Phone | $94 | $120 | -22% |
| Recreation & Social | $156 | $200 | -22% |
| Home Maintenance | $78 | $100 | -22% |
| Total Monthly | $921 | $1,219 | -24% |
How We Calculated the Salary
Monthly expenses:$921
Target savings (5%):$52/mo
Monthly after-tax needed:$973
Effective tax rate:25%
Gross annual salary needed:$15,789
Other Household Types in Hattiesburg
Related Pages
FAQ
What salary does a retiree need in Hattiesburg?
A retiree needs approximately $15,789/year ($1,316/month gross) to live comfortably in Hattiesburg with a 5% savings rate.
How much is rent for a retiree in Hattiesburg?
A 1-2br senior-friendly in Hattiesburg costs approximately $71/month, which is the largest single expense at 8% of the total budget.
Is Hattiesburg affordable for a retiree?
Yes, Hattiesburg is 24% more affordable than the national average for a retiree.