Salary Needed to Live in St. Joseph as a Retiree
A retired individual (65+) needs approximately $16,191/year to live comfortably in St. Joseph, MO — including 5% savings.
Comfortable Salary
$16,191
with 5% savings
Bare Minimum
$15,097
no savings buffer
Monthly Expenses
$931
23% below national avg
Detailed Monthly Budget for a Retiree in St. Joseph
| Expense | St. Joseph | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $91 | $121 | -25% |
| 🛒 Groceries | $17 | $16 | +6% |
| ⚡ Utilities | $10 | $15 | -33% |
| 🚗 Transportation | $18 | $18 | 0% |
| 🛡️ Car Insurance | $147 | $211 | -30% |
| 🏥 Health Insurance | $47 | $53 | -11% |
| Medicare Supplement | $156 | $200 | -22% |
| Prescription Drugs | $117 | $150 | -22% |
| Internet + Phone | $94 | $120 | -22% |
| Recreation & Social | $156 | $200 | -22% |
| Home Maintenance | $78 | $100 | -22% |
| Total Monthly | $931 | $1,204 | -23% |
How We Calculated the Salary
Monthly expenses:$931
Target savings (5%):$53/mo
Monthly after-tax needed:$984
Effective tax rate:26%
Gross annual salary needed:$16,191
Other Household Types in St. Joseph
Related Pages
FAQ
What salary does a retiree need in St. Joseph?
A retiree needs approximately $16,191/year ($1,349/month gross) to live comfortably in St. Joseph with a 5% savings rate.
How much is rent for a retiree in St. Joseph?
A 1-2br senior-friendly in St. Joseph costs approximately $91/month, which is the largest single expense at 10% of the total budget.
Is St. Joseph affordable for a retiree?
Yes, St. Joseph is 23% more affordable than the national average for a retiree.