Salary Needed to Live in Pierre as a Family

A family of four (2 adults, 2 children) needs approximately $53,573/year to live comfortably in Pierre, SD — including 15% savings.

Comfortable Salary
$53,573
with 15% savings
Bare Minimum
$42,714
no savings buffer
Monthly Expenses
$2,634
10% below national avg

Detailed Monthly Budget for a Family in Pierre

ExpensePierreNat'l AvgDiff
🏠 3BR Apartment/House Rent$200$209-4%
🛒 Groceries$54$44+23%
⚡ Utilities$25$28-11%
🚗 Transportation$43$44-2%
🛡️ Car Insurance$164$211-22%
🏥 Health Insurance$51$53-4%
Childcare/After-school$1,080$1,200-10%
Internet + Phones$162$180-10%
Children Activities$225$250-10%
Dining Out$315$350-10%
School Supplies & Clothing$180$200-10%
Healthcare Co-pays$135$150-10%
Total Monthly$2,634$2,919-10%

How We Calculated the Salary

Monthly expenses:$2,634
Target savings (15%):$583/mo
Monthly after-tax needed:$3,217
Effective tax rate:26%

Gross annual salary needed:$53,573

Other Household Types in Pierre

Single Person
$18,075/yr
$964/mo expenses
Couple (No Kids)
$25,123/yr
$1,298/mo expenses
Retiree
$18,661/yr
$1,073/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Pierre?
A family with kids needs approximately $53,573/year ($4,464/month gross) to live comfortably in Pierre with a 15% savings rate.
How much is rent for a family with kids in Pierre?
A 3br apartment/house in Pierre costs approximately $200/month, which is the largest single expense at 8% of the total budget.
Is Pierre affordable for a family with kids?
Yes, Pierre is 10% more affordable than the national average for a family with kids.
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