Salary Needed to Live in Missoula as a Retiree
A retired individual (65+) needs approximately $21,653/year to live comfortably in Missoula, MT — including 5% savings.
Comfortable Salary
$21,653
with 5% savings
Bare Minimum
$20,170
no savings buffer
Monthly Expenses
$1,227
1% above national avg
Detailed Monthly Budget for a Retiree in Missoula
| Expense | Missoula | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $123 | $121 | +2% |
| 🛒 Groceries | $23 | $16 | +44% |
| ⚡ Utilities | $11 | $15 | -27% |
| 🚗 Transportation | $20 | $18 | +11% |
| 🛡️ Car Insurance | $170 | $215 | -21% |
| 🏥 Health Insurance | $48 | $54 | -11% |
| Medicare Supplement | $216 | $200 | +8% |
| Prescription Drugs | $162 | $150 | +8% |
| Internet + Phone | $130 | $120 | +8% |
| Recreation & Social | $216 | $200 | +8% |
| Home Maintenance | $108 | $100 | +8% |
| Total Monthly | $1,227 | $1,209 | +1% |
How We Calculated the Salary
Monthly expenses:$1,227
Target savings (5%):$69/mo
Monthly after-tax needed:$1,296
Effective tax rate:27%
Gross annual salary needed:$21,653
Other Household Types in Missoula
Related Pages
FAQ
What salary does a retiree need in Missoula?
A retiree needs approximately $21,653/year ($1,804/month gross) to live comfortably in Missoula with a 5% savings rate.
How much is rent for a retiree in Missoula?
A 1-2br senior-friendly in Missoula costs approximately $123/month, which is the largest single expense at 10% of the total budget.
Is Missoula affordable for a retiree?
Missoula is roughly average for retiree costs, requiring a salary close to the national median.