Salary Needed to Live in Medford as a Family
A family of four (2 adults, 2 children) needs approximately $61,200/year to live comfortably in Medford, OR — including 15% savings.
Comfortable Salary
$61,200
with 15% savings
Bare Minimum
$48,625
no savings buffer
Monthly Expenses
$2,958
1% above national avg
Detailed Monthly Budget for a Family in Medford
| Expense | Medford | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $195 | $209 | -7% |
| 🛒 Groceries | $64 | $44 | +45% |
| ⚡ Utilities | $23 | $28 | -18% |
| 🚗 Transportation | $38 | $44 | -14% |
| 🛡️ Car Insurance | $207 | $215 | -4% |
| 🏥 Health Insurance | $54 | $54 | 0% |
| Childcare/After-school | $1,224 | $1,200 | +2% |
| Internet + Phones | $184 | $180 | +2% |
| Children Activities | $255 | $250 | +2% |
| Dining Out | $357 | $350 | +2% |
| School Supplies & Clothing | $204 | $200 | +2% |
| Healthcare Co-pays | $153 | $150 | +2% |
| Total Monthly | $2,958 | $2,924 | +1% |
How We Calculated the Salary
Monthly expenses:$2,958
Target savings (15%):$657/mo
Monthly after-tax needed:$3,615
Effective tax rate:27%
Gross annual salary needed:$61,200
Other Household Types in Medford
Related Pages
FAQ
What salary does a family with kids need in Medford?
A family with kids needs approximately $61,200/year ($5,100/month gross) to live comfortably in Medford with a 15% savings rate.
How much is rent for a family with kids in Medford?
A 3br apartment/house in Medford costs approximately $195/month, which is the largest single expense at 7% of the total budget.
Is Medford affordable for a family with kids?
Medford is roughly average for family with kids costs, requiring a salary close to the national median.