You are correct. There really isn't a pain medication that can be taken with Xanax without the increased risk of respiratory depression and sedation. Depending on the issue, an anti inflammatory medication may be an option.
If you use Xanax 4mg a day, what is the best pain reflief med you can use without risking serious sedation or respiratory depression? Indeed, does that kind of med exist?
You can take Xanax and Restoril together, but watch for increased sedation or respiratory depression.