Salary Needed to Live in Portland as a Family
A family of four (2 adults, 2 children) needs approximately $69,747/year to live comfortably in Portland, ME — including 15% savings.
Comfortable Salary
$69,747
with 15% savings
Bare Minimum
$55,217
no savings buffer
Monthly Expenses
$3,313
13% above national avg
Detailed Monthly Budget for a Family in Portland
| Expense | Portland | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $247 | $209 | +18% |
| 🛒 Groceries | $53 | $44 | +20% |
| ⚡ Utilities | $34 | $28 | +21% |
| 🚗 Transportation | $49 | $44 | +11% |
| 🛡️ Car Insurance | $197 | $229 | -14% |
| 🏥 Health Insurance | $53 | $58 | -9% |
| Childcare/After-school | $1,380 | $1,200 | +15% |
| Internet + Phones | $207 | $180 | +15% |
| Children Activities | $288 | $250 | +15% |
| Dining Out | $402 | $350 | +15% |
| School Supplies & Clothing | $230 | $200 | +15% |
| Healthcare Co-pays | $173 | $150 | +15% |
| Total Monthly | $3,313 | $2,942 | +13% |
How We Calculated the Salary
Monthly expenses:$3,313
Target savings (15%):$739/mo
Monthly after-tax needed:$4,052
Effective tax rate:28%
Gross annual salary needed:$69,747
Other Household Types in Portland
Related Pages
FAQ
What salary does a family with kids need in Portland?
A family with kids needs approximately $69,747/year ($5,812/month gross) to live comfortably in Portland with a 15% savings rate.
How much is rent for a family with kids in Portland?
A 3br apartment/house in Portland costs approximately $247/month, which is the largest single expense at 7% of the total budget.
Is Portland affordable for a family with kids?
Portland is above the national average for family with kids living costs, requiring 13% more salary than the US median.