Salary Needed to Live in Frisco as a Family

A family of four (2 adults, 2 children) needs approximately $61,100/year to live comfortably in Frisco, TX — including 15% savings.

Comfortable Salary
$61,100
with 15% savings
Bare Minimum
$48,880
no savings buffer
Monthly Expenses
$3,055
4% above national avg

Detailed Monthly Budget for a Family in Frisco

ExpenseFriscoNat'l AvgDiff
🏠 3BR Apartment/House Rent$271$209+30%
🛒 Groceries$50$44+14%
⚡ Utilities$26$28-7%
🚗 Transportation$49$44+11%
🛡️ Car Insurance$177$223-21%
🏥 Health Insurance$59$56+5%
Childcare/After-school$1,248$1,200+4%
Internet + Phones$187$180+4%
Children Activities$260$250+4%
Dining Out$364$350+4%
School Supplies & Clothing$208$200+4%
Healthcare Co-pays$156$150+4%
Total Monthly$3,055$2,934+4%

How We Calculated the Salary

Monthly expenses:$3,055
Target savings (15%):$674/mo
Monthly after-tax needed:$3,729
Effective tax rate:25%

Gross annual salary needed:$61,100

Other Household Types in Frisco

Single Person
$20,585/yr
$1,115/mo expenses
Couple (No Kids)
$28,667/yr
$1,505/mo expenses
Retiree
$21,326/yr
$1,244/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Frisco?
A family with kids needs approximately $61,100/year ($5,092/month gross) to live comfortably in Frisco with a 15% savings rate.
How much is rent for a family with kids in Frisco?
A 3br apartment/house in Frisco costs approximately $271/month, which is the largest single expense at 9% of the total budget.
Is Frisco affordable for a family with kids?
Frisco is roughly average for family with kids costs, requiring a salary close to the national median.
← Back to Frisco