Salary Needed to Live in Jacksonville as a Retiree

A retired individual (65+) needs approximately $19,354/year to live comfortably in Jacksonville, FL — including 5% savings.

Comfortable Salary
$19,354
with 5% savings
Bare Minimum
$18,064
no savings buffer
Monthly Expenses
$1,129
7% below national avg

Detailed Monthly Budget for a Retiree in Jacksonville

ExpenseJacksonvilleNat'l AvgDiff
🏠 1-2BR Senior-Friendly Rent$111$121-8%
🛒 Groceries$20$16+25%
⚡ Utilities$16$15+7%
🚗 Transportation$16$18-11%
🛡️ Car Insurance$185$223-17%
🏥 Health Insurance$42$56-25%
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$1,129$1,219-7%

How We Calculated the Salary

Monthly expenses:$1,129
Target savings (5%):$64/mo
Monthly after-tax needed:$1,193
Effective tax rate:25%

Gross annual salary needed:$19,354

Other Household Types in Jacksonville

Single Person
$18,646/yr
$1,010/mo expenses
Couple (No Kids)
$25,981/yr
$1,364/mo expenses
Family with Kids
$55,640/yr
$2,782/mo expenses

Related Pages

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

FAQ

What salary does a retiree need in Jacksonville?
A retiree needs approximately $19,354/year ($1,613/month gross) to live comfortably in Jacksonville with a 5% savings rate.
How much is rent for a retiree in Jacksonville?
A 1-2br senior-friendly in Jacksonville costs approximately $111/month, which is the largest single expense at 10% of the total budget.
Is Jacksonville affordable for a retiree?
Yes, Jacksonville is 7% more affordable than the national average for a retiree.
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