Salary Needed to Live in Reno as a Retiree
A retired individual (65+) needs approximately $21,759/year to live comfortably in Reno, NV — including 5% savings.
Comfortable Salary
$21,759
with 5% savings
Bare Minimum
$20,268
no savings buffer
Monthly Expenses
$1,233
2% above national avg
Detailed Monthly Budget for a Retiree in Reno
| Expense | Reno | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $157 | $121 | +30% |
| 🛒 Groceries | $23 | $16 | +44% |
| ⚡ Utilities | $14 | $15 | -7% |
| 🚗 Transportation | $16 | $18 | -11% |
| 🛡️ Car Insurance | $136 | $215 | -37% |
| 🏥 Health Insurance | $55 | $54 | +2% |
| Medicare Supplement | $216 | $200 | +8% |
| Prescription Drugs | $162 | $150 | +8% |
| Internet + Phone | $130 | $120 | +8% |
| Recreation & Social | $216 | $200 | +8% |
| Home Maintenance | $108 | $100 | +8% |
| Total Monthly | $1,233 | $1,209 | +2% |
How We Calculated the Salary
Monthly expenses:$1,233
Target savings (5%):$70/mo
Monthly after-tax needed:$1,303
Effective tax rate:27%
Gross annual salary needed:$21,759
Other Household Types in Reno
Related Pages
FAQ
What salary does a retiree need in Reno?
A retiree needs approximately $21,759/year ($1,813/month gross) to live comfortably in Reno with a 5% savings rate.
How much is rent for a retiree in Reno?
A 1-2br senior-friendly in Reno costs approximately $157/month, which is the largest single expense at 13% of the total budget.
Is Reno affordable for a retiree?
Reno is roughly average for retiree costs, requiring a salary close to the national median.