Salary Needed to Live in Long Beach as a Retiree
A retired individual (65+) needs approximately $31,041/year to live comfortably in Long Beach, CA — including 5% savings.
Comfortable Salary
$31,041
with 5% savings
Bare Minimum
$28,915
no savings buffer
Monthly Expenses
$1,759
45% above national avg
Detailed Monthly Budget for a Retiree in Long Beach
| Expense | Long Beach | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $240 | $121 | +98% |
| 🛒 Groceries | $26 | $16 | +63% |
| ⚡ Utilities | $20 | $15 | +33% |
| 🚗 Transportation | $24 | $18 | +33% |
| 🛡️ Car Insurance | $197 | $215 | -8% |
| 🏥 Health Insurance | $58 | $54 | +7% |
| Medicare Supplement | $310 | $200 | +55% |
| Prescription Drugs | $233 | $150 | +55% |
| Internet + Phone | $186 | $120 | +55% |
| Recreation & Social | $310 | $200 | +55% |
| Home Maintenance | $155 | $100 | +55% |
| Total Monthly | $1,759 | $1,209 | +45% |
How We Calculated the Salary
Monthly expenses:$1,759
Target savings (5%):$99/mo
Monthly after-tax needed:$1,858
Effective tax rate:27%
Gross annual salary needed:$31,041
Other Household Types in Long Beach
Related Pages
FAQ
What salary does a retiree need in Long Beach?
A retiree needs approximately $31,041/year ($2,587/month gross) to live comfortably in Long Beach with a 5% savings rate.
How much is rent for a retiree in Long Beach?
A 1-2br senior-friendly in Long Beach costs approximately $240/month, which is the largest single expense at 14% of the total budget.
Is Long Beach affordable for a retiree?
Long Beach is above the national average for retiree living costs, requiring 45% more salary than the US median.