Salary Needed to Live in Boulder as a Family

A family of four (2 adults, 2 children) needs approximately $85,655/year to live comfortably in Boulder, CO — including 15% savings.

Comfortable Salary
$85,655
with 15% savings
Bare Minimum
$68,055
no savings buffer
Monthly Expenses
$4,140
42% above national avg

Detailed Monthly Budget for a Family in Boulder

ExpenseBoulderNat'l AvgDiff
🏠 3BR Apartment/House Rent$325$209+56%
🛒 Groceries$74$44+68%
⚡ Utilities$34$28+21%
🚗 Transportation$51$44+16%
🛡️ Car Insurance$224$215+4%
🏥 Health Insurance$52$54-4%
Childcare/After-school$1,740$1,200+45%
Internet + Phones$261$180+45%
Children Activities$363$250+45%
Dining Out$508$350+45%
School Supplies & Clothing$290$200+45%
Healthcare Co-pays$218$150+45%
Total Monthly$4,140$2,924+42%

How We Calculated the Salary

Monthly expenses:$4,140
Target savings (15%):$920/mo
Monthly after-tax needed:$5,060
Effective tax rate:27%

Gross annual salary needed:$85,655

Other Household Types in Boulder

Single Person
$27,848/yr
$1,462/mo expenses
Couple (No Kids)
$39,285/yr
$1,997/mo expenses
Retiree
$29,012/yr
$1,644/mo expenses

Related Pages

Living Alone in BoulderCity OverviewAfford on $75K?Afford on $100K?Cheaper AlternativesCost of Living

FAQ

What salary does a family with kids need in Boulder?
A family with kids needs approximately $85,655/year ($7,138/month gross) to live comfortably in Boulder with a 15% savings rate.
How much is rent for a family with kids in Boulder?
A 3br apartment/house in Boulder costs approximately $325/month, which is the largest single expense at 8% of the total budget.
Is Boulder affordable for a family with kids?
Boulder is above the national average for family with kids living costs, requiring 42% more salary than the US median.
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