Salary Needed to Live in Casper as a Retiree
A retired individual (65+) needs approximately $18,988/year to live comfortably in Casper, WY — including 5% savings.
Comfortable Salary
$18,988
with 5% savings
Bare Minimum
$17,688
no savings buffer
Monthly Expenses
$1,076
11% below national avg
Detailed Monthly Budget for a Retiree in Casper
| Expense | Casper | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $121 | $121 | 0% |
| 🛒 Groceries | $18 | $16 | +13% |
| ⚡ Utilities | $14 | $15 | -7% |
| 🚗 Transportation | $15 | $18 | -17% |
| 🛡️ Car Insurance | $145 | $215 | -33% |
| 🏥 Health Insurance | $55 | $54 | +2% |
| Medicare Supplement | $184 | $200 | -8% |
| Prescription Drugs | $138 | $150 | -8% |
| Internet + Phone | $110 | $120 | -8% |
| Recreation & Social | $184 | $200 | -8% |
| Home Maintenance | $92 | $100 | -8% |
| Total Monthly | $1,076 | $1,209 | -11% |
How We Calculated the Salary
Monthly expenses:$1,076
Target savings (5%):$61/mo
Monthly after-tax needed:$1,137
Effective tax rate:27%
Gross annual salary needed:$18,988
Other Household Types in Casper
Related Pages
FAQ
What salary does a retiree need in Casper?
A retiree needs approximately $18,988/year ($1,582/month gross) to live comfortably in Casper with a 5% savings rate.
How much is rent for a retiree in Casper?
A 1-2br senior-friendly in Casper costs approximately $121/month, which is the largest single expense at 11% of the total budget.
Is Casper affordable for a retiree?
Yes, Casper is 11% more affordable than the national average for a retiree.