Salary Needed to Live in Springfield as a Family
A family of four (2 adults, 2 children) needs approximately $61,853/year to live comfortably in Springfield, MA — including 15% savings.
Comfortable Salary
$61,853
with 15% savings
Bare Minimum
$48,967
no savings buffer
Monthly Expenses
$2,938
0% below national avg
Detailed Monthly Budget for a Family in Springfield
| Expense | Springfield | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $202 | $209 | -3% |
| 🛒 Groceries | $58 | $44 | +32% |
| ⚡ Utilities | $22 | $28 | -21% |
| 🚗 Transportation | $38 | $44 | -14% |
| 🛡️ Car Insurance | $176 | $229 | -23% |
| 🏥 Health Insurance | $65 | $58 | +12% |
| Childcare/After-school | $1,224 | $1,200 | +2% |
| Internet + Phones | $184 | $180 | +2% |
| Children Activities | $255 | $250 | +2% |
| Dining Out | $357 | $350 | +2% |
| School Supplies & Clothing | $204 | $200 | +2% |
| Healthcare Co-pays | $153 | $150 | +2% |
| Total Monthly | $2,938 | $2,942 | 0% |
How We Calculated the Salary
Monthly expenses:$2,938
Target savings (15%):$655/mo
Monthly after-tax needed:$3,593
Effective tax rate:28%
Gross annual salary needed:$61,853
Other Household Types in Springfield
Related Pages
FAQ
What salary does a family with kids need in Springfield?
A family with kids needs approximately $61,853/year ($5,154/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 $202/month, which is the largest single expense at 7% of the total budget.
Is Springfield affordable for a family with kids?
Springfield is roughly average for family with kids costs, requiring a salary close to the national median.