Salary Needed to Live in New Bedford as a Family
A family of four (2 adults, 2 children) needs approximately $59,600/year to live comfortably in New Bedford, MA — including 15% savings.
Comfortable Salary
$59,600
with 15% savings
Bare Minimum
$47,183
no savings buffer
Monthly Expenses
$2,831
4% below national avg
Detailed Monthly Budget for a Family in New Bedford
| Expense | New Bedford | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $179 | $209 | -14% |
| 🛒 Groceries | $65 | $44 | +48% |
| ⚡ Utilities | $23 | $28 | -18% |
| 🚗 Transportation | $39 | $44 | -11% |
| 🛡️ Car Insurance | $186 | $229 | -19% |
| 🏥 Health Insurance | $56 | $58 | -3% |
| Childcare/After-school | $1,176 | $1,200 | -2% |
| Internet + Phones | $176 | $180 | -2% |
| Children Activities | $245 | $250 | -2% |
| Dining Out | $343 | $350 | -2% |
| School Supplies & Clothing | $196 | $200 | -2% |
| Healthcare Co-pays | $147 | $150 | -2% |
| Total Monthly | $2,831 | $2,942 | -4% |
How We Calculated the Salary
Monthly expenses:$2,831
Target savings (15%):$631/mo
Monthly after-tax needed:$3,462
Effective tax rate:28%
Gross annual salary needed:$59,600
Other Household Types in New Bedford
Related Pages
FAQ
What salary does a family with kids need in New Bedford?
A family with kids needs approximately $59,600/year ($4,967/month gross) to live comfortably in New Bedford with a 15% savings rate.
How much is rent for a family with kids in New Bedford?
A 3br apartment/house in New Bedford costs approximately $179/month, which is the largest single expense at 6% of the total budget.
Is New Bedford affordable for a family with kids?
New Bedford is roughly average for family with kids costs, requiring a salary close to the national median.