Salary Needed to Live in Augusta as a Family

A family of four (2 adults, 2 children) needs approximately $58,379/year to live comfortably in Augusta, ME — including 15% savings.

Comfortable Salary
$58,379
with 15% savings
Bare Minimum
$46,217
no savings buffer
Monthly Expenses
$2,773
6% below national avg

Detailed Monthly Budget for a Family in Augusta

ExpenseAugustaNat'l AvgDiff
🏠 3BR Apartment/House Rent$172$209-18%
🛒 Groceries$44$440%
⚡ Utilities$28$280%
🚗 Transportation$42$44-5%
🛡️ Car Insurance$205$229-10%
🏥 Health Insurance$45$58-22%
Childcare/After-school$1,152$1,200-4%
Internet + Phones$173$180-4%
Children Activities$240$250-4%
Dining Out$336$350-4%
School Supplies & Clothing$192$200-4%
Healthcare Co-pays$144$150-4%
Total Monthly$2,773$2,942-6%

How We Calculated the Salary

Monthly expenses:$2,773
Target savings (15%):$618/mo
Monthly after-tax needed:$3,391
Effective tax rate:28%

Gross annual salary needed:$58,379

Other Household Types in Augusta

Single Person
$19,703/yr
$1,018/mo expenses
Couple (No Kids)
$27,360/yr
$1,368/mo expenses
Retiree
$20,346/yr
$1,136/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Augusta?
A family with kids needs approximately $58,379/year ($4,865/month gross) to live comfortably in Augusta with a 15% savings rate.
How much is rent for a family with kids in Augusta?
A 3br apartment/house in Augusta costs approximately $172/month, which is the largest single expense at 6% of the total budget.
Is Augusta affordable for a family with kids?
Yes, Augusta is 6% more affordable than the national average for a family with kids.
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