Salary Needed to Live in Coeur d'Alene as a Retiree
A retired individual (65+) needs approximately $20,647/year to live comfortably in Coeur d'Alene, ID — including 5% savings.
Comfortable Salary
$20,647
with 5% savings
Bare Minimum
$19,233
no savings buffer
Monthly Expenses
$1,170
3% below national avg
Detailed Monthly Budget for a Retiree in Coeur d'Alene
| Expense | Coeur d'Alene | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $125 | $121 | +3% |
| 🛒 Groceries | $18 | $16 | +13% |
| ⚡ Utilities | $11 | $15 | -27% |
| 🚗 Transportation | $17 | $18 | -6% |
| 🛡️ Car Insurance | $153 | $215 | -29% |
| 🏥 Health Insurance | $45 | $54 | -17% |
| Medicare Supplement | $208 | $200 | +4% |
| Prescription Drugs | $156 | $150 | +4% |
| Internet + Phone | $125 | $120 | +4% |
| Recreation & Social | $208 | $200 | +4% |
| Home Maintenance | $104 | $100 | +4% |
| Total Monthly | $1,170 | $1,209 | -3% |
How We Calculated the Salary
Monthly expenses:$1,170
Target savings (5%):$66/mo
Monthly after-tax needed:$1,236
Effective tax rate:27%
Gross annual salary needed:$20,647
Other Household Types in Coeur d'Alene
Related Pages
FAQ
What salary does a retiree need in Coeur d'Alene?
A retiree needs approximately $20,647/year ($1,721/month gross) to live comfortably in Coeur d'Alene with a 5% savings rate.
How much is rent for a retiree in Coeur d'Alene?
A 1-2br senior-friendly in Coeur d'Alene costs approximately $125/month, which is the largest single expense at 11% of the total budget.
Is Coeur d'Alene affordable for a retiree?
Coeur d'Alene is roughly average for retiree costs, requiring a salary close to the national median.