Salary Needed to Live in Des Moines as a Family

A family of four (2 adults, 2 children) needs approximately $50,827/year to live comfortably in Des Moines, IA — including 15% savings.

Comfortable Salary
$50,827
with 15% savings
Bare Minimum
$40,524
no savings buffer
Monthly Expenses
$2,499
14% below national avg

Detailed Monthly Budget for a Family in Des Moines

ExpenseDes MoinesNat'l AvgDiff
🏠 3BR Apartment/House Rent$135$209-35%
🛒 Groceries$39$44-11%
⚡ Utilities$21$28-25%
🚗 Transportation$39$44-11%
🛡️ Car Insurance$138$211-35%
🏥 Health Insurance$52$53-2%
Childcare/After-school$1,068$1,200-11%
Internet + Phones$160$180-11%
Children Activities$223$250-11%
Dining Out$312$350-11%
School Supplies & Clothing$178$200-11%
Healthcare Co-pays$134$150-11%
Total Monthly$2,499$2,919-14%

How We Calculated the Salary

Monthly expenses:$2,499
Target savings (15%):$553/mo
Monthly after-tax needed:$3,052
Effective tax rate:26%

Gross annual salary needed:$50,827

Other Household Types in Des Moines

Single Person
$16,631/yr
$887/mo expenses
Couple (No Kids)
$23,361/yr
$1,207/mo expenses
Retiree
$17,287/yr
$994/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Des Moines?
A family with kids needs approximately $50,827/year ($4,236/month gross) to live comfortably in Des Moines with a 15% savings rate.
How much is rent for a family with kids in Des Moines?
A 3br apartment/house in Des Moines costs approximately $135/month, which is the largest single expense at 5% of the total budget.
Is Des Moines affordable for a family with kids?
Yes, Des Moines is 14% more affordable than the national average for a family with kids.
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