Salary Needed to Live in Omaha as a Retiree
A retired individual (65+) needs approximately $17,791/year to live comfortably in Omaha, NE — including 5% savings.
Comfortable Salary
$17,791
with 5% savings
Bare Minimum
$16,589
no savings buffer
Monthly Expenses
$1,023
15% below national avg
Detailed Monthly Budget for a Retiree in Omaha
| Expense | Omaha | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $97 | $121 | -20% |
| 🛒 Groceries | $20 | $16 | +25% |
| ⚡ Utilities | $13 | $15 | -13% |
| 🚗 Transportation | $17 | $18 | -6% |
| 🛡️ Car Insurance | $142 | $211 | -33% |
| 🏥 Health Insurance | $41 | $53 | -23% |
| Medicare Supplement | $180 | $200 | -10% |
| Prescription Drugs | $135 | $150 | -10% |
| Internet + Phone | $108 | $120 | -10% |
| Recreation & Social | $180 | $200 | -10% |
| Home Maintenance | $90 | $100 | -10% |
| Total Monthly | $1,023 | $1,204 | -15% |
How We Calculated the Salary
Monthly expenses:$1,023
Target savings (5%):$58/mo
Monthly after-tax needed:$1,081
Effective tax rate:26%
Gross annual salary needed:$17,791
Other Household Types in Omaha
Related Pages
FAQ
What salary does a retiree need in Omaha?
A retiree needs approximately $17,791/year ($1,483/month gross) to live comfortably in Omaha with a 5% savings rate.
How much is rent for a retiree in Omaha?
A 1-2br senior-friendly in Omaha costs approximately $97/month, which is the largest single expense at 9% of the total budget.
Is Omaha affordable for a retiree?
Yes, Omaha is 15% more affordable than the national average for a retiree.