Salary Needed to Live in Great Falls as a Family

A family of four (2 adults, 2 children) needs approximately $52,614/year to live comfortably in Great Falls, MT — including 15% savings.

Comfortable Salary
$52,614
with 15% savings
Bare Minimum
$41,803
no savings buffer
Monthly Expenses
$2,543
13% below national avg

Detailed Monthly Budget for a Family in Great Falls

ExpenseGreat FallsNat'l AvgDiff
🏠 3BR Apartment/House Rent$170$209-19%
🛒 Groceries$52$44+18%
⚡ Utilities$20$28-29%
🚗 Transportation$37$44-16%
🛡️ Car Insurance$176$215-18%
🏥 Health Insurance$38$54-30%
Childcare/After-school$1,056$1,200-12%
Internet + Phones$158$180-12%
Children Activities$220$250-12%
Dining Out$308$350-12%
School Supplies & Clothing$176$200-12%
Healthcare Co-pays$132$150-12%
Total Monthly$2,543$2,924-13%

How We Calculated the Salary

Monthly expenses:$2,543
Target savings (15%):$565/mo
Monthly after-tax needed:$3,108
Effective tax rate:27%

Gross annual salary needed:$52,614

Other Household Types in Great Falls

Single Person
$17,638/yr
$926/mo expenses
Couple (No Kids)
$24,551/yr
$1,248/mo expenses
Retiree
$18,265/yr
$1,035/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Great Falls?
A family with kids needs approximately $52,614/year ($4,385/month gross) to live comfortably in Great Falls with a 15% savings rate.
How much is rent for a family with kids in Great Falls?
A 3br apartment/house in Great Falls costs approximately $170/month, which is the largest single expense at 7% of the total budget.
Is Great Falls affordable for a family with kids?
Yes, Great Falls is 13% more affordable than the national average for a family with kids.
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