Salary Needed to Live in Abilene as a Family

A family of four (2 adults, 2 children) needs approximately $48,060/year to live comfortably in Abilene, TX — including 15% savings.

Comfortable Salary
$48,060
with 15% savings
Bare Minimum
$38,448
no savings buffer
Monthly Expenses
$2,403
18% below national avg

Detailed Monthly Budget for a Family in Abilene

ExpenseAbileneNat'l AvgDiff
🏠 3BR Apartment/House Rent$185$209-11%
🛒 Groceries$50$44+14%
⚡ Utilities$24$28-14%
🚗 Transportation$37$44-16%
🛡️ Car Insurance$139$223-38%
🏥 Health Insurance$57$56+2%
Childcare/After-school$984$1,200-18%
Internet + Phones$148$180-18%
Children Activities$205$250-18%
Dining Out$287$350-18%
School Supplies & Clothing$164$200-18%
Healthcare Co-pays$123$150-18%
Total Monthly$2,403$2,934-18%

How We Calculated the Salary

Monthly expenses:$2,403
Target savings (15%):$530/mo
Monthly after-tax needed:$2,933
Effective tax rate:25%

Gross annual salary needed:$48,060

Other Household Types in Abilene

Single Person
$16,209/yr
$878/mo expenses
Couple (No Kids)
$22,571/yr
$1,185/mo expenses
Retiree
$16,800/yr
$980/mo expenses

Related Pages

Living Alone in AbileneCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a family with kids need in Abilene?
A family with kids needs approximately $48,060/year ($4,005/month gross) to live comfortably in Abilene with a 15% savings rate.
How much is rent for a family with kids in Abilene?
A 3br apartment/house in Abilene costs approximately $185/month, which is the largest single expense at 8% of the total budget.
Is Abilene affordable for a family with kids?
Yes, Abilene is 18% more affordable than the national average for a family with kids.
← Back to Abilene