Salary Needed to Live in Manchester as a Family

A family of four (2 adults, 2 children) needs approximately $69,221/year to live comfortably in Manchester, NH — including 15% savings.

Comfortable Salary
$69,221
with 15% savings
Bare Minimum
$54,800
no savings buffer
Monthly Expenses
$3,288
12% above national avg

Detailed Monthly Budget for a Family in Manchester

ExpenseManchesterNat'l AvgDiff
🏠 3BR Apartment/House Rent$305$209+46%
🛒 Groceries$52$44+18%
⚡ Utilities$28$280%
🚗 Transportation$42$44-5%
🛡️ Car Insurance$238$229+4%
🏥 Health Insurance$60$58+3%
Childcare/After-school$1,320$1,200+10%
Internet + Phones$198$180+10%
Children Activities$275$250+10%
Dining Out$385$350+10%
School Supplies & Clothing$220$200+10%
Healthcare Co-pays$165$150+10%
Total Monthly$3,288$2,942+12%

How We Calculated the Salary

Monthly expenses:$3,288
Target savings (15%):$733/mo
Monthly after-tax needed:$4,021
Effective tax rate:28%

Gross annual salary needed:$69,221

Other Household Types in Manchester

Single Person
$23,845/yr
$1,232/mo expenses
Couple (No Kids)
$32,860/yr
$1,643/mo expenses
Retiree
$24,555/yr
$1,371/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Manchester?
A family with kids needs approximately $69,221/year ($5,768/month gross) to live comfortably in Manchester with a 15% savings rate.
How much is rent for a family with kids in Manchester?
A 3br apartment/house in Manchester costs approximately $305/month, which is the largest single expense at 9% of the total budget.
Is Manchester affordable for a family with kids?
Manchester is above the national average for family with kids living costs, requiring 12% more salary than the US median.
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