Salary Needed to Live in Laramie as a Family
A family of four (2 adults, 2 children) needs approximately $57,166/year to live comfortably in Laramie, WY — including 15% savings.
Comfortable Salary
$57,166
with 15% savings
Bare Minimum
$45,419
no savings buffer
Monthly Expenses
$2,763
6% below national avg
Detailed Monthly Budget for a Family in Laramie
| Expense | Laramie | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $251 | $209 | +20% |
| 🛒 Groceries | $44 | $44 | 0% |
| ⚡ Utilities | $23 | $28 | -18% |
| 🚗 Transportation | $31 | $44 | -30% |
| 🛡️ Car Insurance | $181 | $215 | -16% |
| 🏥 Health Insurance | $43 | $54 | -20% |
| Childcare/After-school | $1,128 | $1,200 | -6% |
| Internet + Phones | $169 | $180 | -6% |
| Children Activities | $235 | $250 | -6% |
| Dining Out | $329 | $350 | -6% |
| School Supplies & Clothing | $188 | $200 | -6% |
| Healthcare Co-pays | $141 | $150 | -6% |
| Total Monthly | $2,763 | $2,924 | -6% |
How We Calculated the Salary
Monthly expenses:$2,763
Target savings (15%):$614/mo
Monthly after-tax needed:$3,377
Effective tax rate:27%
Gross annual salary needed:$57,166
Other Household Types in Laramie
Related Pages
FAQ
What salary does a family with kids need in Laramie?
A family with kids needs approximately $57,166/year ($4,764/month gross) to live comfortably in Laramie with a 15% savings rate.
How much is rent for a family with kids in Laramie?
A 3br apartment/house in Laramie costs approximately $251/month, which is the largest single expense at 9% of the total budget.
Is Laramie affordable for a family with kids?
Yes, Laramie is 6% more affordable than the national average for a family with kids.