Salary Needed to Live in St. Louis as a Retiree
A retired individual (65+) needs approximately $17,461/year to live comfortably in St. Louis, MO — including 5% savings.
Comfortable Salary
$17,461
with 5% savings
Bare Minimum
$16,281
no savings buffer
Monthly Expenses
$1,004
17% below national avg
Detailed Monthly Budget for a Retiree in St. Louis
| Expense | St. Louis | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $110 | $121 | -9% |
| 🛒 Groceries | $15 | $16 | -6% |
| ⚡ Utilities | $12 | $15 | -20% |
| 🚗 Transportation | $16 | $18 | -11% |
| 🛡️ Car Insurance | $133 | $211 | -37% |
| 🏥 Health Insurance | $48 | $53 | -9% |
| Medicare Supplement | $174 | $200 | -13% |
| Prescription Drugs | $131 | $150 | -13% |
| Internet + Phone | $104 | $120 | -13% |
| Recreation & Social | $174 | $200 | -13% |
| Home Maintenance | $87 | $100 | -13% |
| Total Monthly | $1,004 | $1,204 | -17% |
How We Calculated the Salary
Monthly expenses:$1,004
Target savings (5%):$57/mo
Monthly after-tax needed:$1,061
Effective tax rate:26%
Gross annual salary needed:$17,461
Other Household Types in St. Louis
Related Pages
FAQ
What salary does a retiree need in St. Louis?
A retiree needs approximately $17,461/year ($1,455/month gross) to live comfortably in St. Louis with a 5% savings rate.
How much is rent for a retiree in St. Louis?
A 1-2br senior-friendly in St. Louis costs approximately $110/month, which is the largest single expense at 11% of the total budget.
Is St. Louis affordable for a retiree?
Yes, St. Louis is 17% more affordable than the national average for a retiree.