Salary Needed to Live in Denton as a Retiree
A retired individual (65+) needs approximately $18,720/year to live comfortably in Denton, TX — including 5% savings.
Comfortable Salary
$18,720
with 5% savings
Bare Minimum
$17,472
no savings buffer
Monthly Expenses
$1,092
10% below national avg
Detailed Monthly Budget for a Retiree in Denton
| Expense | Denton | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $105 | $121 | -13% |
| 🛒 Groceries | $22 | $16 | +38% |
| ⚡ Utilities | $14 | $15 | -7% |
| 🚗 Transportation | $16 | $18 | -11% |
| 🛡️ Car Insurance | $166 | $223 | -26% |
| 🏥 Health Insurance | $61 | $56 | +9% |
| 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 | $1,092 | $1,219 | -10% |
How We Calculated the Salary
Monthly expenses:$1,092
Target savings (5%):$62/mo
Monthly after-tax needed:$1,154
Effective tax rate:25%
Gross annual salary needed:$18,720
Other Household Types in Denton
Related Pages
FAQ
What salary does a retiree need in Denton?
A retiree needs approximately $18,720/year ($1,560/month gross) to live comfortably in Denton with a 5% savings rate.
How much is rent for a retiree in Denton?
A 1-2br senior-friendly in Denton costs approximately $105/month, which is the largest single expense at 10% of the total budget.
Is Denton affordable for a retiree?
Yes, Denton is 10% more affordable than the national average for a retiree.