Salary Needed to Live in Phoenix as a Family
A family of four (2 adults, 2 children) needs approximately $61,014/year to live comfortably in Phoenix, AZ — including 15% savings.
Comfortable Salary
$61,014
with 15% savings
Bare Minimum
$48,477
no savings buffer
Monthly Expenses
$2,949
1% above national avg
Detailed Monthly Budget for a Family in Phoenix
| Expense | Phoenix | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $181 | $209 | -13% |
| 🛒 Groceries | $49 | $44 | +11% |
| ⚡ Utilities | $27 | $28 | -4% |
| 🚗 Transportation | $49 | $44 | +11% |
| 🛡️ Car Insurance | $193 | $215 | -10% |
| 🏥 Health Insurance | $49 | $54 | -9% |
| Childcare/After-school | $1,236 | $1,200 | +3% |
| Internet + Phones | $185 | $180 | +3% |
| Children Activities | $258 | $250 | +3% |
| Dining Out | $361 | $350 | +3% |
| School Supplies & Clothing | $206 | $200 | +3% |
| Healthcare Co-pays | $155 | $150 | +3% |
| Total Monthly | $2,949 | $2,924 | +1% |
How We Calculated the Salary
Monthly expenses:$2,949
Target savings (15%):$655/mo
Monthly after-tax needed:$3,604
Effective tax rate:27%
Gross annual salary needed:$61,014
Other Household Types in Phoenix
Related Pages
FAQ
What salary does a family with kids need in Phoenix?
A family with kids needs approximately $61,014/year ($5,085/month gross) to live comfortably in Phoenix with a 15% savings rate.
How much is rent for a family with kids in Phoenix?
A 3br apartment/house in Phoenix costs approximately $181/month, which is the largest single expense at 6% of the total budget.
Is Phoenix affordable for a family with kids?
Phoenix is roughly average for family with kids costs, requiring a salary close to the national median.