Salary Needed to Live in Charleston as a Family

A family of four (2 adults, 2 children) needs approximately $61,380/year to live comfortably in Charleston, SC — including 15% savings.

Comfortable Salary
$61,380
with 15% savings
Bare Minimum
$49,104
no savings buffer
Monthly Expenses
$3,069
5% above national avg

Detailed Monthly Budget for a Family in Charleston

ExpenseCharlestonNat'l AvgDiff
🏠 3BR Apartment/House Rent$234$209+12%
🛒 Groceries$46$44+5%
⚡ Utilities$24$28-14%
🚗 Transportation$41$44-7%
🛡️ Car Insurance$159$223-29%
🏥 Health Insurance$49$56-12%
Childcare/After-school$1,296$1,200+8%
Internet + Phones$194$180+8%
Children Activities$270$250+8%
Dining Out$378$350+8%
School Supplies & Clothing$216$200+8%
Healthcare Co-pays$162$150+8%
Total Monthly$3,069$2,934+5%

How We Calculated the Salary

Monthly expenses:$3,069
Target savings (15%):$677/mo
Monthly after-tax needed:$3,746
Effective tax rate:25%

Gross annual salary needed:$61,380

Other Household Types in Charleston

Single Person
$20,049/yr
$1,086/mo expenses
Couple (No Kids)
$28,171/yr
$1,479/mo expenses
Retiree
$20,931/yr
$1,221/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Charleston?
A family with kids needs approximately $61,380/year ($5,115/month gross) to live comfortably in Charleston with a 15% savings rate.
How much is rent for a family with kids in Charleston?
A 3br apartment/house in Charleston costs approximately $234/month, which is the largest single expense at 8% of the total budget.
Is Charleston affordable for a family with kids?
Charleston is roughly average for family with kids costs, requiring a salary close to the national median.
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