Salary Needed to Live in Round Rock as a Retiree
A retired individual (65+) needs approximately $20,263/year to live comfortably in Round Rock, TX — including 5% savings.
Comfortable Salary
$20,263
with 5% savings
Bare Minimum
$18,912
no savings buffer
Monthly Expenses
$1,182
3% below national avg
Detailed Monthly Budget for a Retiree in Round Rock
| Expense | Round Rock | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $119 | $121 | -2% |
| 🛒 Groceries | $16 | $16 | 0% |
| ⚡ Utilities | $12 | $15 | -20% |
| 🚗 Transportation | $20 | $18 | +11% |
| 🛡️ Car Insurance | $172 | $223 | -23% |
| 🏥 Health Insurance | $58 | $56 | +4% |
| Medicare Supplement | $204 | $200 | +2% |
| Prescription Drugs | $153 | $150 | +2% |
| Internet + Phone | $122 | $120 | +2% |
| Recreation & Social | $204 | $200 | +2% |
| Home Maintenance | $102 | $100 | +2% |
| Total Monthly | $1,182 | $1,219 | -3% |
How We Calculated the Salary
Monthly expenses:$1,182
Target savings (5%):$67/mo
Monthly after-tax needed:$1,249
Effective tax rate:25%
Gross annual salary needed:$20,263
Other Household Types in Round Rock
Related Pages
FAQ
What salary does a retiree need in Round Rock?
A retiree needs approximately $20,263/year ($1,689/month gross) to live comfortably in Round Rock with a 5% savings rate.
How much is rent for a retiree in Round Rock?
A 1-2br senior-friendly in Round Rock costs approximately $119/month, which is the largest single expense at 10% of the total budget.
Is Round Rock affordable for a retiree?
Round Rock is roughly average for retiree costs, requiring a salary close to the national median.