Salary Needed to Live in Seattle as a Retiree
A retired individual (65+) needs approximately $34,253/year to live comfortably in Seattle, WA — including 5% savings.
Comfortable Salary
$34,253
with 5% savings
Bare Minimum
$31,907
no savings buffer
Monthly Expenses
$1,941
61% above national avg
Detailed Monthly Budget for a Retiree in Seattle
| Expense | Seattle | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $232 | $121 | +92% |
| 🛒 Groceries | $24 | $16 | +50% |
| ⚡ Utilities | $23 | $15 | +53% |
| 🚗 Transportation | $28 | $18 | +56% |
| 🛡️ Car Insurance | $246 | $215 | +14% |
| 🏥 Health Insurance | $64 | $54 | +19% |
| Medicare Supplement | $344 | $200 | +72% |
| Prescription Drugs | $258 | $150 | +72% |
| Internet + Phone | $206 | $120 | +72% |
| Recreation & Social | $344 | $200 | +72% |
| Home Maintenance | $172 | $100 | +72% |
| Total Monthly | $1,941 | $1,209 | +61% |
How We Calculated the Salary
Monthly expenses:$1,941
Target savings (5%):$110/mo
Monthly after-tax needed:$2,051
Effective tax rate:27%
Gross annual salary needed:$34,253
Other Household Types in Seattle
Related Pages
FAQ
What salary does a retiree need in Seattle?
A retiree needs approximately $34,253/year ($2,854/month gross) to live comfortably in Seattle with a 5% savings rate.
How much is rent for a retiree in Seattle?
A 1-2br senior-friendly in Seattle costs approximately $232/month, which is the largest single expense at 12% of the total budget.
Is Seattle affordable for a retiree?
Seattle is above the national average for retiree living costs, requiring 61% more salary than the US median.