Salary Needed to Live in Sacramento as a Retiree
A retired individual (65+) needs approximately $25,341/year to live comfortably in Sacramento, CA — including 5% savings.
Comfortable Salary
$25,341
with 5% savings
Bare Minimum
$23,605
no savings buffer
Monthly Expenses
$1,436
19% above national avg
Detailed Monthly Budget for a Retiree in Sacramento
| Expense | Sacramento | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $200 | $121 | +65% |
| 🛒 Groceries | $24 | $16 | +50% |
| ⚡ Utilities | $16 | $15 | +7% |
| 🚗 Transportation | $17 | $18 | -6% |
| 🛡️ Car Insurance | $177 | $215 | -18% |
| 🏥 Health Insurance | $63 | $54 | +17% |
| Medicare Supplement | $244 | $200 | +22% |
| Prescription Drugs | $183 | $150 | +22% |
| Internet + Phone | $146 | $120 | +22% |
| Recreation & Social | $244 | $200 | +22% |
| Home Maintenance | $122 | $100 | +22% |
| Total Monthly | $1,436 | $1,209 | +19% |
How We Calculated the Salary
Monthly expenses:$1,436
Target savings (5%):$81/mo
Monthly after-tax needed:$1,517
Effective tax rate:27%
Gross annual salary needed:$25,341
Other Household Types in Sacramento
Related Pages
FAQ
What salary does a retiree need in Sacramento?
A retiree needs approximately $25,341/year ($2,112/month gross) to live comfortably in Sacramento with a 5% savings rate.
How much is rent for a retiree in Sacramento?
A 1-2br senior-friendly in Sacramento costs approximately $200/month, which is the largest single expense at 14% of the total budget.
Is Sacramento affordable for a retiree?
Sacramento is above the national average for retiree living costs, requiring 19% more salary than the US median.