Salary Needed to Live in Missoula as a Family

A family of four (2 adults, 2 children) needs approximately $63,786/year to live comfortably in Missoula, MT — including 15% savings.

Comfortable Salary
$63,786
with 15% savings
Bare Minimum
$50,679
no savings buffer
Monthly Expenses
$3,083
5% above national avg

Detailed Monthly Budget for a Family in Missoula

ExpenseMissoulaNat'l AvgDiff
🏠 3BR Apartment/House Rent$213$209+2%
🛒 Groceries$65$44+48%
⚡ Utilities$21$28-25%
🚗 Transportation$50$44+14%
🛡️ Car Insurance$170$215-21%
🏥 Health Insurance$48$54-11%
Childcare/After-school$1,296$1,200+8%
Internet + Phones$194$180+8%
Children Activities$270$250+8%
Dining Out$378$350+8%
School Supplies & Clothing$216$200+8%
Healthcare Co-pays$162$150+8%
Total Monthly$3,083$2,924+5%

How We Calculated the Salary

Monthly expenses:$3,083
Target savings (15%):$685/mo
Monthly after-tax needed:$3,768
Effective tax rate:27%

Gross annual salary needed:$63,786

Other Household Types in Missoula

Single Person
$20,876/yr
$1,096/mo expenses
Couple (No Kids)
$29,351/yr
$1,492/mo expenses
Retiree
$21,653/yr
$1,227/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Missoula?
A family with kids needs approximately $63,786/year ($5,316/month gross) to live comfortably in Missoula with a 15% savings rate.
How much is rent for a family with kids in Missoula?
A 3br apartment/house in Missoula costs approximately $213/month, which is the largest single expense at 7% of the total budget.
Is Missoula affordable for a family with kids?
Missoula is roughly average for family with kids costs, requiring a salary close to the national median.
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