Salary Needed to Live in Houston as a Retiree
A retired individual (65+) needs approximately $19,646/year to live comfortably in Houston, TX — including 5% savings.
Comfortable Salary
$19,646
with 5% savings
Bare Minimum
$18,336
no savings buffer
Monthly Expenses
$1,146
6% below national avg
Detailed Monthly Budget for a Retiree in Houston
| Expense | Houston | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $126 | $121 | +4% |
| 🛒 Groceries | $15 | $16 | -6% |
| ⚡ Utilities | $15 | $15 | 0% |
| 🚗 Transportation | $16 | $18 | -11% |
| 🛡️ Car Insurance | $179 | $223 | -20% |
| 🏥 Health Insurance | $56 | $56 | 0% |
| Medicare Supplement | $192 | $200 | -4% |
| Prescription Drugs | $144 | $150 | -4% |
| Internet + Phone | $115 | $120 | -4% |
| Recreation & Social | $192 | $200 | -4% |
| Home Maintenance | $96 | $100 | -4% |
| Total Monthly | $1,146 | $1,219 | -6% |
How We Calculated the Salary
Monthly expenses:$1,146
Target savings (5%):$65/mo
Monthly after-tax needed:$1,211
Effective tax rate:25%
Gross annual salary needed:$19,646
Other Household Types in Houston
Related Pages
FAQ
What salary does a retiree need in Houston?
A retiree needs approximately $19,646/year ($1,637/month gross) to live comfortably in Houston with a 5% savings rate.
How much is rent for a retiree in Houston?
A 1-2br senior-friendly in Houston costs approximately $126/month, which is the largest single expense at 11% of the total budget.
Is Houston affordable for a retiree?
Yes, Houston is 6% more affordable than the national average for a retiree.