Salary Needed to Live in Springfield as a Family
A family of four (2 adults, 2 children) needs approximately $50,461/year to live comfortably in Springfield, IL — including 15% savings.
Comfortable Salary
$50,461
with 15% savings
Bare Minimum
$40,232
no savings buffer
Monthly Expenses
$2,481
15% below national avg
Detailed Monthly Budget for a Family in Springfield
| Expense | Springfield | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $150 | $209 | -28% |
| 🛒 Groceries | $58 | $44 | +32% |
| ⚡ Utilities | $20 | $28 | -29% |
| 🚗 Transportation | $43 | $44 | -2% |
| 🛡️ Car Insurance | $142 | $211 | -33% |
| 🏥 Health Insurance | $39 | $53 | -26% |
| Childcare/After-school | $1,044 | $1,200 | -13% |
| Internet + Phones | $157 | $180 | -13% |
| Children Activities | $218 | $250 | -13% |
| Dining Out | $305 | $350 | -13% |
| School Supplies & Clothing | $174 | $200 | -13% |
| Healthcare Co-pays | $131 | $150 | -13% |
| Total Monthly | $2,481 | $2,919 | -15% |
How We Calculated the Salary
Monthly expenses:$2,481
Target savings (15%):$549/mo
Monthly after-tax needed:$3,030
Effective tax rate:26%
Gross annual salary needed:$50,461
Other Household Types in Springfield
Related Pages
FAQ
What salary does a family with kids need in Springfield?
A family with kids needs approximately $50,461/year ($4,205/month gross) to live comfortably in Springfield with a 15% savings rate.
How much is rent for a family with kids in Springfield?
A 3br apartment/house in Springfield costs approximately $150/month, which is the largest single expense at 6% of the total budget.
Is Springfield affordable for a family with kids?
Yes, Springfield is 15% more affordable than the national average for a family with kids.