Salary Needed to Live in Park City as a Retiree
A retired individual (65+) needs approximately $35,541/year to live comfortably in Park City, UT — including 5% savings.
Comfortable Salary
$35,541
with 5% savings
Bare Minimum
$33,107
no savings buffer
Monthly Expenses
$2,014
67% above national avg
Detailed Monthly Budget for a Retiree in Park City
| Expense | Park City | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $249 | $121 | +106% |
| 🛒 Groceries | $27 | $16 | +69% |
| ⚡ Utilities | $23 | $15 | +53% |
| 🚗 Transportation | $24 | $18 | +33% |
| 🛡️ Car Insurance | $270 | $215 | +26% |
| 🏥 Health Insurance | $73 | $54 | +35% |
| Medicare Supplement | $350 | $200 | +75% |
| Prescription Drugs | $263 | $150 | +75% |
| Internet + Phone | $210 | $120 | +75% |
| Recreation & Social | $350 | $200 | +75% |
| Home Maintenance | $175 | $100 | +75% |
| Total Monthly | $2,014 | $1,209 | +67% |
How We Calculated the Salary
Monthly expenses:$2,014
Target savings (5%):$114/mo
Monthly after-tax needed:$2,128
Effective tax rate:27%
Gross annual salary needed:$35,541
Other Household Types in Park City
Related Pages
FAQ
What salary does a retiree need in Park City?
A retiree needs approximately $35,541/year ($2,962/month gross) to live comfortably in Park City with a 5% savings rate.
How much is rent for a retiree in Park City?
A 1-2br senior-friendly in Park City costs approximately $249/month, which is the largest single expense at 12% of the total budget.
Is Park City affordable for a retiree?
Park City is above the national average for retiree living costs, requiring 67% more salary than the US median.