Salary Needed to Live in Oklahoma City as a Retiree
A retired individual (65+) needs approximately $17,143/year to live comfortably in Oklahoma City, OK — including 5% savings.
Comfortable Salary
$17,143
with 5% savings
Bare Minimum
$16,000
no savings buffer
Monthly Expenses
$1,000
18% below national avg
Detailed Monthly Budget for a Retiree in Oklahoma City
| Expense | Oklahoma City | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $81 | $121 | -33% |
| 🛒 Groceries | $16 | $16 | 0% |
| ⚡ Utilities | $13 | $15 | -13% |
| 🚗 Transportation | $18 | $18 | 0% |
| 🛡️ Car Insurance | $159 | $223 | -29% |
| 🏥 Health Insurance | $43 | $56 | -23% |
| Medicare Supplement | $174 | $200 | -13% |
| Prescription Drugs | $131 | $150 | -13% |
| Internet + Phone | $104 | $120 | -13% |
| Recreation & Social | $174 | $200 | -13% |
| Home Maintenance | $87 | $100 | -13% |
| Total Monthly | $1,000 | $1,219 | -18% |
How We Calculated the Salary
Monthly expenses:$1,000
Target savings (5%):$56/mo
Monthly after-tax needed:$1,056
Effective tax rate:25%
Gross annual salary needed:$17,143
Other Household Types in Oklahoma City
Related Pages
FAQ
What salary does a retiree need in Oklahoma City?
A retiree needs approximately $17,143/year ($1,429/month gross) to live comfortably in Oklahoma City with a 5% savings rate.
How much is rent for a retiree in Oklahoma City?
A 1-2br senior-friendly in Oklahoma City costs approximately $81/month, which is the largest single expense at 8% of the total budget.
Is Oklahoma City affordable for a retiree?
Yes, Oklahoma City is 18% more affordable than the national average for a retiree.