Salary Needed to Live in Allentown as a Retiree
A retired individual (65+) needs approximately $19,863/year to live comfortably in Allentown, PA — including 5% savings.
Comfortable Salary
$19,863
with 5% savings
Bare Minimum
$18,483
no savings buffer
Monthly Expenses
$1,109
10% below national avg
Detailed Monthly Budget for a Retiree in Allentown
| Expense | Allentown | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $132 | $121 | +9% |
| 🛒 Groceries | $20 | $16 | +25% |
| ⚡ Utilities | $13 | $15 | -13% |
| 🚗 Transportation | $17 | $18 | -6% |
| 🛡️ Car Insurance | $140 | $229 | -39% |
| 🏥 Health Insurance | $48 | $58 | -17% |
| Medicare Supplement | $192 | $200 | -4% |
| Prescription Drugs | $144 | $150 | -4% |
| Internet + Phone | $115 | $120 | -4% |
| Recreation & Social | $192 | $200 | -4% |
| Home Maintenance | $96 | $100 | -4% |
| Total Monthly | $1,109 | $1,227 | -10% |
How We Calculated the Salary
Monthly expenses:$1,109
Target savings (5%):$63/mo
Monthly after-tax needed:$1,172
Effective tax rate:28%
Gross annual salary needed:$19,863
Other Household Types in Allentown
Related Pages
FAQ
What salary does a retiree need in Allentown?
A retiree needs approximately $19,863/year ($1,655/month gross) to live comfortably in Allentown with a 5% savings rate.
How much is rent for a retiree in Allentown?
A 1-2br senior-friendly in Allentown costs approximately $132/month, which is the largest single expense at 12% of the total budget.
Is Allentown affordable for a retiree?
Yes, Allentown is 10% more affordable than the national average for a retiree.