Salary Needed to Live in Dayton as a Retiree
A retired individual (65+) needs approximately $17,130/year to live comfortably in Dayton, OH — including 5% savings.
Comfortable Salary
$17,130
with 5% savings
Bare Minimum
$15,973
no savings buffer
Monthly Expenses
$985
18% below national avg
Detailed Monthly Budget for a Retiree in Dayton
| Expense | Dayton | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $90 | $121 | -26% |
| 🛒 Groceries | $13 | $16 | -19% |
| ⚡ Utilities | $11 | $15 | -27% |
| 🚗 Transportation | $15 | $18 | -17% |
| 🛡️ Car Insurance | $177 | $211 | -16% |
| 🏥 Health Insurance | $48 | $53 | -9% |
| Medicare Supplement | $164 | $200 | -18% |
| Prescription Drugs | $123 | $150 | -18% |
| Internet + Phone | $98 | $120 | -18% |
| Recreation & Social | $164 | $200 | -18% |
| Home Maintenance | $82 | $100 | -18% |
| Total Monthly | $985 | $1,204 | -18% |
How We Calculated the Salary
Monthly expenses:$985
Target savings (5%):$56/mo
Monthly after-tax needed:$1,041
Effective tax rate:26%
Gross annual salary needed:$17,130
Other Household Types in Dayton
Related Pages
FAQ
What salary does a retiree need in Dayton?
A retiree needs approximately $17,130/year ($1,428/month gross) to live comfortably in Dayton with a 5% savings rate.
How much is rent for a retiree in Dayton?
A 1-2br senior-friendly in Dayton costs approximately $90/month, which is the largest single expense at 9% of the total budget.
Is Dayton affordable for a retiree?
Yes, Dayton is 18% more affordable than the national average for a retiree.