Salary Needed to Live in Aurora as a Retiree
A retired individual (65+) needs approximately $22,729/year to live comfortably in Aurora, CO — including 5% savings.
Comfortable Salary
$22,729
with 5% savings
Bare Minimum
$21,173
no savings buffer
Monthly Expenses
$1,288
7% above national avg
Detailed Monthly Budget for a Retiree in Aurora
| Expense | Aurora | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $113 | $121 | -7% |
| 🛒 Groceries | $23 | $16 | +44% |
| ⚡ Utilities | $15 | $15 | 0% |
| 🚗 Transportation | $18 | $18 | 0% |
| 🛡️ Car Insurance | $199 | $215 | -7% |
| 🏥 Health Insurance | $58 | $54 | +7% |
| Medicare Supplement | $224 | $200 | +12% |
| Prescription Drugs | $168 | $150 | +12% |
| Internet + Phone | $134 | $120 | +12% |
| Recreation & Social | $224 | $200 | +12% |
| Home Maintenance | $112 | $100 | +12% |
| Total Monthly | $1,288 | $1,209 | +7% |
How We Calculated the Salary
Monthly expenses:$1,288
Target savings (5%):$73/mo
Monthly after-tax needed:$1,361
Effective tax rate:27%
Gross annual salary needed:$22,729
Other Household Types in Aurora
Related Pages
FAQ
What salary does a retiree need in Aurora?
A retiree needs approximately $22,729/year ($1,894/month gross) to live comfortably in Aurora with a 5% savings rate.
How much is rent for a retiree in Aurora?
A 1-2br senior-friendly in Aurora costs approximately $113/month, which is the largest single expense at 9% of the total budget.
Is Aurora affordable for a retiree?
Aurora is roughly average for retiree costs, requiring a salary close to the national median.