Salary Needed to Live in Martha's Vineyard as a Couple
A couple sharing expenses without children needs approximately $54,620/year to live comfortably in Martha's Vineyard, MA — including 12% savings.
Comfortable Salary
$54,620
with 12% savings
Bare Minimum
$45,517
no savings buffer
Monthly Expenses
$2,731
86% above national avg
Detailed Monthly Budget for a Couple in Martha's Vineyard
| Expense | Martha's Vineyard | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Apartment Rent | $350 | $137 | +155% |
| 🛒 Groceries | $54 | $27 | +100% |
| ⚡ Utilities | $25 | $19 | +32% |
| 🚗 Transportation | $67 | $35 | +91% |
| 🛡️ Car Insurance | $273 | $229 | +19% |
| 🏥 Health Insurance | $79 | $58 | +36% |
| Internet | $127 | $65 | +95% |
| Phone (×2) | $273 | $140 | +95% |
| Dining & Social | $878 | $450 | +95% |
| Entertainment | $351 | $180 | +95% |
| Personal Care (×2) | $254 | $130 | +95% |
| Total Monthly | $2,731 | $1,470 | +86% |
How We Calculated the Salary
Monthly expenses:$2,731
Target savings (12%):$447/mo
Monthly after-tax needed:$3,178
Effective tax rate:28%
Gross annual salary needed:$54,620
Other Household Types in Martha's Vineyard
Related Pages
FAQ
What salary does a couple (no kids) need in Martha's Vineyard?
A couple (no kids) needs approximately $54,620/year ($4,552/month gross) to live comfortably in Martha's Vineyard with a 12% savings rate.
How much is rent for a couple (no kids) in Martha's Vineyard?
A 1-2br apartment in Martha's Vineyard costs approximately $350/month, which is the largest single expense at 13% of the total budget.
Is Martha's Vineyard affordable for a couple (no kids)?
Martha's Vineyard is above the national average for couple (no kids) living costs, requiring 86% more salary than the US median.