Salary Needed to Live in Asheville as a Retiree
A retired individual (65+) needs approximately $22,680/year to live comfortably in Asheville, NC — including 5% savings.
Comfortable Salary
$22,680
with 5% savings
Bare Minimum
$21,168
no savings buffer
Monthly Expenses
$1,323
9% above national avg
Detailed Monthly Budget for a Retiree in Asheville
| Expense | Asheville | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $165 | $121 | +36% |
| 🛒 Groceries | $18 | $16 | +13% |
| ⚡ Utilities | $17 | $15 | +13% |
| 🚗 Transportation | $21 | $18 | +17% |
| 🛡️ Car Insurance | $213 | $223 | -4% |
| 🏥 Health Insurance | $57 | $56 | +2% |
| 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 | $1,323 | $1,219 | +9% |
How We Calculated the Salary
Monthly expenses:$1,323
Target savings (5%):$75/mo
Monthly after-tax needed:$1,398
Effective tax rate:25%
Gross annual salary needed:$22,680
Other Household Types in Asheville
Related Pages
FAQ
What salary does a retiree need in Asheville?
A retiree needs approximately $22,680/year ($1,890/month gross) to live comfortably in Asheville with a 5% savings rate.
How much is rent for a retiree in Asheville?
A 1-2br senior-friendly in Asheville costs approximately $165/month, which is the largest single expense at 12% of the total budget.
Is Asheville affordable for a retiree?
Asheville is roughly average for retiree costs, requiring a salary close to the national median.