Salary Needed to Live in Racine as a Single
A single adult living independently needs approximately $17,269/year to live comfortably in Racine, WI — including 10% savings.
Comfortable Salary
$17,269
with 10% savings
Bare Minimum
$14,935
no savings buffer
Monthly Expenses
$921
15% below national avg
Detailed Monthly Budget for a Single in Racine
| Expense | Racine | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $74 | $113 | -35% |
| 🛒 Groceries | $13 | $17 | -24% |
| ⚡ Utilities | $12 | $14 | -14% |
| 🚗 Transportation | $26 | $26 | 0% |
| 🛡️ Car Insurance | $186 | $211 | -12% |
| 🏥 Health Insurance | $55 | $53 | +4% |
| Internet | $56 | $65 | -14% |
| Phone | $73 | $85 | -14% |
| Dining & Social | $258 | $300 | -14% |
| Entertainment | $103 | $120 | -14% |
| Personal Care | $65 | $75 | -13% |
| Total Monthly | $921 | $1,079 | -15% |
How We Calculated the Salary
Monthly expenses:$921
Target savings (10%):$118/mo
Monthly after-tax needed:$1,039
Effective tax rate:26%
Gross annual salary needed:$17,269
Other Household Types in Racine
Related Pages
FAQ
What salary does a single person need in Racine?
A single person needs approximately $17,269/year ($1,439/month gross) to live comfortably in Racine with a 10% savings rate.
How much is rent for a single person in Racine?
A studio/1br in Racine costs approximately $74/month, which is the largest single expense at 8% of the total budget.
Is Racine affordable for a single person?
Yes, Racine is 15% more affordable than the national average for a single person.