Salary Needed to Live in Concord as a Couple

A couple sharing expenses without children needs approximately $30,300/year to live comfortably in Concord, NH — including 12% savings.

Comfortable Salary
$30,300
with 12% savings
Bare Minimum
$25,250
no savings buffer
Monthly Expenses
$1,515
3% above national avg

Detailed Monthly Budget for a Couple in Concord

ExpenseConcordNat'l AvgDiff
🏠 1-2BR Apartment Rent$147$137+7%
🛒 Groceries$31$27+15%
⚡ Utilities$15$19-21%
🚗 Transportation$38$35+9%
🛡️ Car Insurance$199$229-13%
🏥 Health Insurance$62$58+7%
Internet$69$65+6%
Phone (×2)$148$140+6%
Dining & Social$477$450+6%
Entertainment$191$180+6%
Personal Care (×2)$138$130+6%
Total Monthly$1,515$1,470+3%

How We Calculated the Salary

Monthly expenses:$1,515
Target savings (12%):$248/mo
Monthly after-tax needed:$1,763
Effective tax rate:28%

Gross annual salary needed:$30,300

Other Household Types in Concord

Single Person
$21,774/yr
$1,125/mo expenses
Family with Kids
$64,758/yr
$3,076/mo expenses
Retiree
$22,478/yr
$1,255/mo expenses

Related Pages

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

FAQ

What salary does a couple (no kids) need in Concord?
A couple (no kids) needs approximately $30,300/year ($2,525/month gross) to live comfortably in Concord with a 12% savings rate.
How much is rent for a couple (no kids) in Concord?
A 1-2br apartment in Concord costs approximately $147/month, which is the largest single expense at 10% of the total budget.
Is Concord affordable for a couple (no kids)?
Concord is roughly average for couple (no kids) costs, requiring a salary close to the national median.
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