Salary Needed to Live in Jackson as a Family

A family of four (2 adults, 2 children) needs approximately $46,680/year to live comfortably in Jackson, MS — including 15% savings.

Comfortable Salary
$46,680
with 15% savings
Bare Minimum
$37,344
no savings buffer
Monthly Expenses
$2,334
20% below national avg

Detailed Monthly Budget for a Family in Jackson

ExpenseJacksonNat'l AvgDiff
🏠 3BR Apartment/House Rent$119$209-43%
🛒 Groceries$53$44+20%
⚡ Utilities$22$28-21%
🚗 Transportation$28$44-36%
🛡️ Car Insurance$202$223-9%
🏥 Health Insurance$46$56-18%
Childcare/After-school$960$1,200-20%
Internet + Phones$144$180-20%
Children Activities$200$250-20%
Dining Out$280$350-20%
School Supplies & Clothing$160$200-20%
Healthcare Co-pays$120$150-20%
Total Monthly$2,334$2,934-20%

How We Calculated the Salary

Monthly expenses:$2,334
Target savings (15%):$515/mo
Monthly after-tax needed:$2,849
Effective tax rate:25%

Gross annual salary needed:$46,680

Other Household Types in Jackson

Single Person
$16,191/yr
$877/mo expenses
Couple (No Kids)
$22,229/yr
$1,167/mo expenses
Retiree
$16,714/yr
$975/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Jackson?
A family with kids needs approximately $46,680/year ($3,890/month gross) to live comfortably in Jackson with a 15% savings rate.
How much is rent for a family with kids in Jackson?
A 3br apartment/house in Jackson costs approximately $119/month, which is the largest single expense at 5% of the total budget.
Is Jackson affordable for a family with kids?
Yes, Jackson is 20% more affordable than the national average for a family with kids.
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