Salary Needed to Live in Fayetteville as a Family
A family of four (2 adults, 2 children) needs approximately $50,380/year to live comfortably in Fayetteville, AR — including 15% savings.
Comfortable Salary
$50,380
with 15% savings
Bare Minimum
$40,304
no savings buffer
Monthly Expenses
$2,519
14% below national avg
Detailed Monthly Budget for a Family in Fayetteville
| Expense | Fayetteville | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $173 | $209 | -17% |
| 🛒 Groceries | $51 | $44 | +16% |
| ⚡ Utilities | $21 | $28 | -25% |
| 🚗 Transportation | $26 | $44 | -41% |
| 🛡️ Car Insurance | $128 | $223 | -43% |
| 🏥 Health Insurance | $45 | $56 | -20% |
| 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 | $2,519 | $2,934 | -14% |
How We Calculated the Salary
Monthly expenses:$2,519
Target savings (15%):$556/mo
Monthly after-tax needed:$3,075
Effective tax rate:25%
Gross annual salary needed:$50,380
Other Household Types in Fayetteville
Related Pages
FAQ
What salary does a family with kids need in Fayetteville?
A family with kids needs approximately $50,380/year ($4,198/month gross) to live comfortably in Fayetteville with a 15% savings rate.
How much is rent for a family with kids in Fayetteville?
A 3br apartment/house in Fayetteville costs approximately $173/month, which is the largest single expense at 7% of the total budget.
Is Fayetteville affordable for a family with kids?
Yes, Fayetteville is 14% more affordable than the national average for a family with kids.