Salary Needed to Live in Salt Lake City as a Family
A family of four (2 adults, 2 children) needs approximately $65,234/year to live comfortably in Salt Lake City, UT — including 15% savings.
Comfortable Salary
$65,234
with 15% savings
Bare Minimum
$51,830
no savings buffer
Monthly Expenses
$3,153
8% above national avg
Detailed Monthly Budget for a Family in Salt Lake City
| Expense | Salt Lake City | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $221 | $209 | +6% |
| 🛒 Groceries | $56 | $44 | +27% |
| ⚡ Utilities | $26 | $28 | -7% |
| 🚗 Transportation | $47 | $44 | +7% |
| 🛡️ Car Insurance | $181 | $215 | -16% |
| 🏥 Health Insurance | $59 | $54 | +9% |
| Childcare/After-school | $1,320 | $1,200 | +10% |
| Internet + Phones | $198 | $180 | +10% |
| Children Activities | $275 | $250 | +10% |
| Dining Out | $385 | $350 | +10% |
| School Supplies & Clothing | $220 | $200 | +10% |
| Healthcare Co-pays | $165 | $150 | +10% |
| Total Monthly | $3,153 | $2,924 | +8% |
How We Calculated the Salary
Monthly expenses:$3,153
Target savings (15%):$700/mo
Monthly after-tax needed:$3,853
Effective tax rate:27%
Gross annual salary needed:$65,234
Other Household Types in Salt Lake City
Related Pages
FAQ
What salary does a family with kids need in Salt Lake City?
A family with kids needs approximately $65,234/year ($5,436/month gross) to live comfortably in Salt Lake City with a 15% savings rate.
How much is rent for a family with kids in Salt Lake City?
A 3br apartment/house in Salt Lake City costs approximately $221/month, which is the largest single expense at 7% of the total budget.
Is Salt Lake City affordable for a family with kids?
Salt Lake City is roughly average for family with kids costs, requiring a salary close to the national median.