Salary Needed to Live in New Bedford as a Single
A single adult living independently needs approximately $19,955/year to live comfortably in New Bedford, MA — including 10% savings.
Comfortable Salary
$19,955
with 10% savings
Bare Minimum
$17,183
no savings buffer
Monthly Expenses
$1,031
6% below national avg
Detailed Monthly Budget for a Single in New Bedford
| Expense | New Bedford | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $96 | $113 | -15% |
| 🛒 Groceries | $25 | $17 | +47% |
| ⚡ Utilities | $12 | $14 | -14% |
| 🚗 Transportation | $23 | $26 | -12% |
| 🛡️ Car Insurance | $186 | $229 | -19% |
| 🏥 Health Insurance | $56 | $58 | -3% |
| Internet | $64 | $65 | -2% |
| Phone | $83 | $85 | -2% |
| Dining & Social | $294 | $300 | -2% |
| Entertainment | $118 | $120 | -2% |
| Personal Care | $74 | $75 | -1% |
| Total Monthly | $1,031 | $1,102 | -6% |
How We Calculated the Salary
Monthly expenses:$1,031
Target savings (10%):$133/mo
Monthly after-tax needed:$1,164
Effective tax rate:28%
Gross annual salary needed:$19,955
Other Household Types in New Bedford
Related Pages
FAQ
What salary does a single person need in New Bedford?
A single person needs approximately $19,955/year ($1,663/month gross) to live comfortably in New Bedford with a 10% savings rate.
How much is rent for a single person in New Bedford?
A studio/1br in New Bedford costs approximately $96/month, which is the largest single expense at 9% of the total budget.
Is New Bedford affordable for a single person?
Yes, New Bedford is 6% more affordable than the national average for a single person.