Salary Needed to Live in Biloxi as a Retiree
A retired individual (65+) needs approximately $46,714/year to live comfortably in Biloxi, MS, including 5% savings.
Direct Answer
A retiree needs about $46,714/year to live comfortably in Biloxi, MS. The bare-minimum salary is $43,600/year, but the comfortable figure includes a 5% savings target and a monthly after-tax budget of $2,879.
The minimum scenario leaves about $2,725/mo after tax and no planned savings. The comfortable scenario uses $3,893/mo gross pay to cover expenses, taxes, and a savings buffer.
Hybrid salary estimateBLS, HUD, ACS inputsLast verified May 2026
Comfortable Salary
$46,714
with 5% savings
Bare Minimum
$43,600
$3,633/mo gross, no savings buffer
Monthly Expenses
$2,725
26% below national avg
Detailed Monthly Budget for a Retiree in Biloxi
| Expense | Biloxi | Nat'l Avg | Diff |
|---|---|---|---|
| 1-2BR Senior-Friendly Rent | $817 | $1,448 | -44% |
| Groceries | $186 | $189 | -2% |
| Utilities | $149 | $183 | -19% |
| Transportation | $183 | $211 | -13% |
| Car Insurance | $201 | $223 | -10% |
| Health Insurance | $542 | $672 | -19% |
| Medicare Supplement | $168 | $200 | -16% |
| Prescription Drugs | $126 | $150 | -16% |
| Internet + Phone | $101 | $120 | -16% |
| Recreation & Social | $168 | $200 | -16% |
| Home Maintenance | $84 | $100 | -16% |
| Total Monthly | $2,725 | $3,696 | -26% |
How We Calculated the Salary
Monthly expenses:$2,725
Target savings (5%):$154/mo
Monthly after-tax needed:$2,879
Effective tax rate:25%
Gross annual salary needed:$46,714
What Drives the Salary Number?
Housing
$817
1-2BR Senior-Friendly rent is 30% of this monthly budget.
Taxes
25%
Estimated federal plus MS state tax reserve used to convert take-home needs into gross salary.
Savings target
5%
$154/mo is reserved for savings so the salary is not just break-even.
Local index
84/100
Biloxi is below the national baseline; the model adjusts baseline spending by local rent and cost data.
Compare Salary Needed in Nearby south Cities
Salary Planning Checklist
- Keep 1-2br senior-friendly housing near $817/mo or adjust the salary target upward.
- Budget $647/mo for persona-specific costs such as Medicare Supplement and Prescription Drugs.
- Use $43,600/year as the survival floor and $46,714/year as the healthier negotiation target.
Other Household Types in Biloxi
Related Pages
FAQ
What salary does a retiree need in Biloxi?
A retiree needs approximately $46,714/year ($3,893/month gross) to live comfortably in Biloxi with a 5% savings rate.
How much is rent for a retiree in Biloxi?
A 1-2br senior-friendly in Biloxi costs approximately $817/month, which is the largest single expense at 30% of the total budget.
Is Biloxi affordable for a retiree?
Yes, Biloxi is 26% more affordable than the national average for a retiree.