Salary Needed to Live in Ithaca as a Family
A family of four (2 adults, 2 children) needs approximately $64,379/year to live comfortably in Ithaca, NY — including 15% savings.
Comfortable Salary
$64,379
with 15% savings
Bare Minimum
$50,967
no savings buffer
Monthly Expenses
$3,058
4% above national avg
Detailed Monthly Budget for a Family in Ithaca
| Expense | Ithaca | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $257 | $209 | +23% |
| 🛒 Groceries | $48 | $44 | +9% |
| ⚡ Utilities | $28 | $28 | 0% |
| 🚗 Transportation | $39 | $44 | -11% |
| 🛡️ Car Insurance | $188 | $229 | -18% |
| 🏥 Health Insurance | $50 | $58 | -14% |
| Childcare/After-school | $1,260 | $1,200 | +5% |
| Internet + Phones | $189 | $180 | +5% |
| Children Activities | $263 | $250 | +5% |
| Dining Out | $368 | $350 | +5% |
| School Supplies & Clothing | $210 | $200 | +5% |
| Healthcare Co-pays | $158 | $150 | +5% |
| Total Monthly | $3,058 | $2,942 | +4% |
How We Calculated the Salary
Monthly expenses:$3,058
Target savings (15%):$682/mo
Monthly after-tax needed:$3,740
Effective tax rate:28%
Gross annual salary needed:$64,379
Other Household Types in Ithaca
Related Pages
FAQ
What salary does a family with kids need in Ithaca?
A family with kids needs approximately $64,379/year ($5,365/month gross) to live comfortably in Ithaca with a 15% savings rate.
How much is rent for a family with kids in Ithaca?
A 3br apartment/house in Ithaca costs approximately $257/month, which is the largest single expense at 8% of the total budget.
Is Ithaca affordable for a family with kids?
Ithaca is roughly average for family with kids costs, requiring a salary close to the national median.