Salary Needed to Live in Little Rock as a Retiree

A retired individual (65+) needs approximately $46,749/year to live comfortably in Little Rock, AR, including 5% savings.

Direct Answer

A retiree needs about $46,749/year to live comfortably in Little Rock, AR. The bare-minimum salary is $43,632/year, but the comfortable figure includes a 5% savings target and a monthly after-tax budget of $2,881.

The minimum scenario leaves about $2,727/mo after tax and no planned savings. The comfortable scenario uses $3,896/mo gross pay to cover expenses, taxes, and a savings buffer.

Hybrid salary estimateBLS, HUD, ACS inputsLast verified May 2026
Comfortable Salary
$46,749
with 5% savings
Bare Minimum
$43,632
$3,636/mo gross, no savings buffer
Monthly Expenses
$2,727
26% below national avg

Detailed Monthly Budget for a Retiree in Little Rock

ExpenseLittle RockNat'l AvgDiff
1-2BR Senior-Friendly Rent$830$1,448-43%
Groceries$193$189+2%
Utilities$154$183-16%
Transportation$175$211-17%
Car Insurance$204$223-9%
Health Insurance$509$672-24%
Medicare Supplement$172$200-14%
Prescription Drugs$129$150-14%
Internet + Phone$103$120-14%
Recreation & Social$172$200-14%
Home Maintenance$86$100-14%
Total Monthly$2,727$3,696-26%

How We Calculated the Salary

Monthly expenses:$2,727
Target savings (5%):$154/mo
Monthly after-tax needed:$2,881
Effective tax rate:25%

Gross annual salary needed:$46,749

What Drives the Salary Number?

Housing
$830

1-2BR Senior-Friendly rent is 30% of this monthly budget.

Taxes
25%

Estimated federal plus AR state tax reserve used to convert take-home needs into gross salary.

Savings target
5%

$154/mo is reserved for savings so the salary is not just break-even.

Local index
86/100

Little Rock is below the national baseline; the model adjusts baseline spending by local rent and cost data.

Compare Salary Needed in Nearby south Cities

Winston-Salem, NC
$45,943/yr
$806 less than Little Rock
Birmingham, AL
$44,640/yr
$2,109 less than Little Rock
Tulsa, OK
$45,206/yr
$1,543 less than Little Rock
Montgomery, AL
$47,126/yr
$377 more than Little Rock

Salary Planning Checklist

  1. Keep 1-2br senior-friendly housing near $830/mo or adjust the salary target upward.
  2. Budget $662/mo for persona-specific costs such as Medicare Supplement and Prescription Drugs.
  3. Use $43,632/year as the survival floor and $46,749/year as the healthier negotiation target.

Other Household Types in Little Rock

Single Person
$49,071/yr
$2,658/mo expenses
Couple (No Kids)
$63,810/yr
$3,350/mo expenses
Family with Kids
$108,300/yr
$5,415/mo expenses

Related Pages

Living Alone in Little RockCity OverviewRent in Little RockMonthly BudgetAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a retiree need in Little Rock?
A retiree needs approximately $46,749/year ($3,896/month gross) to live comfortably in Little Rock with a 5% savings rate.
How much is rent for a retiree in Little Rock?
A 1-2br senior-friendly in Little Rock costs approximately $830/month, which is the largest single expense at 30% of the total budget.
Is Little Rock affordable for a retiree?
Yes, Little Rock is 26% more affordable than the national average for a retiree.
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