Salary Needed to Live in Fort Lauderdale as a Family

A family of four (2 adults, 2 children) needs approximately $69,440/year to live comfortably in Fort Lauderdale, FL — including 15% savings.

Comfortable Salary
$69,440
with 15% savings
Bare Minimum
$55,552
no savings buffer
Monthly Expenses
$3,472
18% above national avg

Detailed Monthly Budget for a Family in Fort Lauderdale

ExpenseFort LauderdaleNat'l AvgDiff
🏠 3BR Apartment/House Rent$293$209+40%
🛒 Groceries$58$44+32%
⚡ Utilities$26$28-7%
🚗 Transportation$40$44-9%
🛡️ Car Insurance$152$223-32%
🏥 Health Insurance$60$56+7%
Childcare/After-school$1,464$1,200+22%
Internet + Phones$220$180+22%
Children Activities$305$250+22%
Dining Out$427$350+22%
School Supplies & Clothing$244$200+22%
Healthcare Co-pays$183$150+22%
Total Monthly$3,472$2,934+18%

How We Calculated the Salary

Monthly expenses:$3,472
Target savings (15%):$766/mo
Monthly after-tax needed:$4,238
Effective tax rate:25%

Gross annual salary needed:$69,440

Other Household Types in Fort Lauderdale

Single Person
$22,468/yr
$1,217/mo expenses
Couple (No Kids)
$31,733/yr
$1,666/mo expenses
Retiree
$23,503/yr
$1,371/mo expenses

Related Pages

Living Alone in Fort LauderdaleCity OverviewAfford on $75K?Afford on $100K?Cheaper AlternativesCost of Living

FAQ

What salary does a family with kids need in Fort Lauderdale?
A family with kids needs approximately $69,440/year ($5,787/month gross) to live comfortably in Fort Lauderdale with a 15% savings rate.
How much is rent for a family with kids in Fort Lauderdale?
A 3br apartment/house in Fort Lauderdale costs approximately $293/month, which is the largest single expense at 8% of the total budget.
Is Fort Lauderdale affordable for a family with kids?
Fort Lauderdale is above the national average for family with kids living costs, requiring 18% more salary than the US median.
← Back to Fort Lauderdale