Salary Needed to Live in Fayetteville as a Retiree
A retired individual (65+) needs approximately $17,126/year to live comfortably in Fayetteville, AR — including 5% savings.
Comfortable Salary
$17,126
with 5% savings
Bare Minimum
$15,984
no savings buffer
Monthly Expenses
$999
18% below national avg
Detailed Monthly Budget for a Retiree in Fayetteville
| Expense | Fayetteville | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $100 | $121 | -17% |
| 🛒 Groceries | $18 | $16 | +13% |
| ⚡ Utilities | $11 | $15 | -27% |
| 🚗 Transportation | $11 | $18 | -39% |
| 🛡️ Car Insurance | $128 | $223 | -43% |
| 🏥 Health Insurance | $45 | $56 | -20% |
| Medicare Supplement | $178 | $200 | -11% |
| Prescription Drugs | $134 | $150 | -11% |
| Internet + Phone | $107 | $120 | -11% |
| Recreation & Social | $178 | $200 | -11% |
| Home Maintenance | $89 | $100 | -11% |
| Total Monthly | $999 | $1,219 | -18% |
How We Calculated the Salary
Monthly expenses:$999
Target savings (5%):$56/mo
Monthly after-tax needed:$1,055
Effective tax rate:25%
Gross annual salary needed:$17,126
Other Household Types in Fayetteville
Related Pages
FAQ
What salary does a retiree need in Fayetteville?
A retiree needs approximately $17,126/year ($1,427/month gross) to live comfortably in Fayetteville with a 5% savings rate.
How much is rent for a retiree in Fayetteville?
A 1-2br senior-friendly in Fayetteville costs approximately $100/month, which is the largest single expense at 10% of the total budget.
Is Fayetteville affordable for a retiree?
Yes, Fayetteville is 18% more affordable than the national average for a retiree.