Salary Needed to Live in Helena as a Family

A family of four (2 adults, 2 children) needs approximately $58,262/year to live comfortably in Helena, MT — including 15% savings.

Comfortable Salary
$58,262
with 15% savings
Bare Minimum
$46,290
no savings buffer
Monthly Expenses
$2,816
4% below national avg

Detailed Monthly Budget for a Family in Helena

ExpenseHelenaNat'l AvgDiff
🏠 3BR Apartment/House Rent$204$209-2%
🛒 Groceries$54$44+23%
⚡ Utilities$23$28-18%
🚗 Transportation$30$44-32%
🛡️ Car Insurance$168$215-22%
🏥 Health Insurance$54$540%
Childcare/After-school$1,176$1,200-2%
Internet + Phones$176$180-2%
Children Activities$245$250-2%
Dining Out$343$350-2%
School Supplies & Clothing$196$200-2%
Healthcare Co-pays$147$150-2%
Total Monthly$2,816$2,924-4%

How We Calculated the Salary

Monthly expenses:$2,816
Target savings (15%):$625/mo
Monthly after-tax needed:$3,441
Effective tax rate:27%

Gross annual salary needed:$58,262

Other Household Types in Helena

Single Person
$19,352/yr
$1,016/mo expenses
Couple (No Kids)
$27,030/yr
$1,374/mo expenses
Retiree
$20,100/yr
$1,139/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Helena?
A family with kids needs approximately $58,262/year ($4,855/month gross) to live comfortably in Helena with a 15% savings rate.
How much is rent for a family with kids in Helena?
A 3br apartment/house in Helena costs approximately $204/month, which is the largest single expense at 7% of the total budget.
Is Helena affordable for a family with kids?
Helena is roughly average for family with kids costs, requiring a salary close to the national median.
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