Salary Needed to Live in Jefferson City as a Retiree
A retired individual (65+) needs approximately $16,939/year to live comfortably in Jefferson City, MO — including 5% savings.
Comfortable Salary
$16,939
with 5% savings
Bare Minimum
$15,795
no savings buffer
Monthly Expenses
$974
19% below national avg
Detailed Monthly Budget for a Retiree in Jefferson City
| Expense | Jefferson City | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $104 | $121 | -14% |
| 🛒 Groceries | $18 | $16 | +13% |
| ⚡ Utilities | $14 | $15 | -7% |
| 🚗 Transportation | $11 | $18 | -39% |
| 🛡️ Car Insurance | $142 | $211 | -33% |
| 🏥 Health Insurance | $38 | $53 | -28% |
| Medicare Supplement | $168 | $200 | -16% |
| Prescription Drugs | $126 | $150 | -16% |
| Internet + Phone | $101 | $120 | -16% |
| Recreation & Social | $168 | $200 | -16% |
| Home Maintenance | $84 | $100 | -16% |
| Total Monthly | $974 | $1,204 | -19% |
How We Calculated the Salary
Monthly expenses:$974
Target savings (5%):$55/mo
Monthly after-tax needed:$1,029
Effective tax rate:26%
Gross annual salary needed:$16,939
Other Household Types in Jefferson City
Related Pages
FAQ
What salary does a retiree need in Jefferson City?
A retiree needs approximately $16,939/year ($1,412/month gross) to live comfortably in Jefferson City with a 5% savings rate.
How much is rent for a retiree in Jefferson City?
A 1-2br senior-friendly in Jefferson City costs approximately $104/month, which is the largest single expense at 11% of the total budget.
Is Jefferson City affordable for a retiree?
Yes, Jefferson City is 19% more affordable than the national average for a retiree.