Salary Needed to Live in Elizabeth as a Couple
A couple sharing expenses without children needs approximately $33,040/year to live comfortably in Elizabeth, NJ — including 12% savings.
Comfortable Salary
$33,040
with 12% savings
Bare Minimum
$27,533
no savings buffer
Monthly Expenses
$1,652
12% above national avg
Detailed Monthly Budget for a Couple in Elizabeth
| Expense | Elizabeth | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Apartment Rent | $193 | $137 | +41% |
| 🛒 Groceries | $36 | $27 | +33% |
| ⚡ Utilities | $20 | $19 | +5% |
| 🚗 Transportation | $39 | $35 | +11% |
| 🛡️ Car Insurance | $211 | $229 | -8% |
| 🏥 Health Insurance | $53 | $58 | -9% |
| Internet | $74 | $65 | +14% |
| Phone (×2) | $160 | $140 | +14% |
| Dining & Social | $513 | $450 | +14% |
| Entertainment | $205 | $180 | +14% |
| Personal Care (×2) | $148 | $130 | +14% |
| Total Monthly | $1,652 | $1,470 | +12% |
How We Calculated the Salary
Monthly expenses:$1,652
Target savings (12%):$270/mo
Monthly after-tax needed:$1,922
Effective tax rate:28%
Gross annual salary needed:$33,040
Other Household Types in Elizabeth
Related Pages
FAQ
What salary does a couple (no kids) need in Elizabeth?
A couple (no kids) needs approximately $33,040/year ($2,753/month gross) to live comfortably in Elizabeth with a 12% savings rate.
How much is rent for a couple (no kids) in Elizabeth?
A 1-2br apartment in Elizabeth costs approximately $193/month, which is the largest single expense at 12% of the total budget.
Is Elizabeth affordable for a couple (no kids)?
Elizabeth is above the national average for couple (no kids) living costs, requiring 12% more salary than the US median.