Salary Needed to Live in Chico as a Family
A family of four (2 adults, 2 children) needs approximately $64,055/year to live comfortably in Chico, CA — including 15% savings.
Comfortable Salary
$64,055
with 15% savings
Bare Minimum
$50,893
no savings buffer
Monthly Expenses
$3,096
6% above national avg
Detailed Monthly Budget for a Family in Chico
| Expense | Chico | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $267 | $209 | +28% |
| 🛒 Groceries | $63 | $44 | +43% |
| ⚡ Utilities | $23 | $28 | -18% |
| 🚗 Transportation | $37 | $44 | -16% |
| 🛡️ Car Insurance | $146 | $215 | -32% |
| 🏥 Health Insurance | $44 | $54 | -19% |
| 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 | $3,096 | $2,924 | +6% |
How We Calculated the Salary
Monthly expenses:$3,096
Target savings (15%):$688/mo
Monthly after-tax needed:$3,784
Effective tax rate:27%
Gross annual salary needed:$64,055
Other Household Types in Chico
Related Pages
FAQ
What salary does a family with kids need in Chico?
A family with kids needs approximately $64,055/year ($5,338/month gross) to live comfortably in Chico with a 15% savings rate.
How much is rent for a family with kids in Chico?
A 3br apartment/house in Chico costs approximately $267/month, which is the largest single expense at 9% of the total budget.
Is Chico affordable for a family with kids?
Chico is roughly average for family with kids costs, requiring a salary close to the national median.