Salary Needed to Live in Burlington as a Retiree
A retired individual (65+) needs approximately $24,376/year to live comfortably in Burlington, VT — including 5% savings.
Comfortable Salary
$24,376
with 5% savings
Bare Minimum
$22,683
no savings buffer
Monthly Expenses
$1,361
11% above national avg
Detailed Monthly Budget for a Retiree in Burlington
| Expense | Burlington | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $165 | $121 | +36% |
| 🛒 Groceries | $18 | $16 | +13% |
| ⚡ Utilities | $14 | $15 | -7% |
| 🚗 Transportation | $18 | $18 | 0% |
| 🛡️ Car Insurance | $187 | $229 | -18% |
| 🏥 Health Insurance | $50 | $58 | -14% |
| Medicare Supplement | $236 | $200 | +18% |
| Prescription Drugs | $177 | $150 | +18% |
| Internet + Phone | $142 | $120 | +18% |
| Recreation & Social | $236 | $200 | +18% |
| Home Maintenance | $118 | $100 | +18% |
| Total Monthly | $1,361 | $1,227 | +11% |
How We Calculated the Salary
Monthly expenses:$1,361
Target savings (5%):$77/mo
Monthly after-tax needed:$1,438
Effective tax rate:28%
Gross annual salary needed:$24,376
Other Household Types in Burlington
Related Pages
FAQ
What salary does a retiree need in Burlington?
A retiree needs approximately $24,376/year ($2,031/month gross) to live comfortably in Burlington with a 5% savings rate.
How much is rent for a retiree in Burlington?
A 1-2br senior-friendly in Burlington costs approximately $165/month, which is the largest single expense at 12% of the total budget.
Is Burlington affordable for a retiree?
Burlington is above the national average for retiree living costs, requiring 11% more salary than the US median.