Salary Needed to Live in Kansas City as a Retiree
A retired individual (65+) needs approximately $18,000/year to live comfortably in Kansas City, MO — including 5% savings.
Comfortable Salary
$18,000
with 5% savings
Bare Minimum
$16,784
no savings buffer
Monthly Expenses
$1,035
14% below national avg
Detailed Monthly Budget for a Retiree in Kansas City
| Expense | Kansas City | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $95 | $121 | -21% |
| 🛒 Groceries | $21 | $16 | +31% |
| ⚡ Utilities | $11 | $15 | -27% |
| 🚗 Transportation | $15 | $18 | -17% |
| 🛡️ Car Insurance | $162 | $211 | -23% |
| 🏥 Health Insurance | $45 | $53 | -15% |
| Medicare Supplement | $178 | $200 | -11% |
| Prescription Drugs | $134 | $150 | -11% |
| Internet + Phone | $107 | $120 | -11% |
| Recreation & Social | $178 | $200 | -11% |
| Home Maintenance | $89 | $100 | -11% |
| Total Monthly | $1,035 | $1,204 | -14% |
How We Calculated the Salary
Monthly expenses:$1,035
Target savings (5%):$58/mo
Monthly after-tax needed:$1,093
Effective tax rate:26%
Gross annual salary needed:$18,000
Other Household Types in Kansas City
Related Pages
FAQ
What salary does a retiree need in Kansas City?
A retiree needs approximately $18,000/year ($1,500/month gross) to live comfortably in Kansas City with a 5% savings rate.
How much is rent for a retiree in Kansas City?
A 1-2br senior-friendly in Kansas City costs approximately $95/month, which is the largest single expense at 9% of the total budget.
Is Kansas City affordable for a retiree?
Yes, Kansas City is 14% more affordable than the national average for a retiree.