Salary Needed to Live in Syracuse as a Family

A family of four (2 adults, 2 children) needs approximately $57,137/year to live comfortably in Syracuse, NY — including 15% savings.

Comfortable Salary
$57,137
with 15% savings
Bare Minimum
$45,233
no savings buffer
Monthly Expenses
$2,714
8% below national avg

Detailed Monthly Budget for a Family in Syracuse

ExpenseSyracuseNat'l AvgDiff
🏠 3BR Apartment/House Rent$202$209-3%
🛒 Groceries$58$44+32%
⚡ Utilities$20$28-29%
🚗 Transportation$47$44+7%
🛡️ Car Insurance$191$229-17%
🏥 Health Insurance$52$58-10%
Childcare/After-school$1,104$1,200-8%
Internet + Phones$166$180-8%
Children Activities$230$250-8%
Dining Out$322$350-8%
School Supplies & Clothing$184$200-8%
Healthcare Co-pays$138$150-8%
Total Monthly$2,714$2,942-8%

How We Calculated the Salary

Monthly expenses:$2,714
Target savings (15%):$605/mo
Monthly after-tax needed:$3,319
Effective tax rate:28%

Gross annual salary needed:$57,137

Other Household Types in Syracuse

Single Person
$19,471/yr
$1,006/mo expenses
Couple (No Kids)
$27,000/yr
$1,350/mo expenses
Retiree
$20,042/yr
$1,119/mo expenses

Related Pages

Living Alone in SyracuseCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a family with kids need in Syracuse?
A family with kids needs approximately $57,137/year ($4,761/month gross) to live comfortably in Syracuse with a 15% savings rate.
How much is rent for a family with kids in Syracuse?
A 3br apartment/house in Syracuse costs approximately $202/month, which is the largest single expense at 7% of the total budget.
Is Syracuse affordable for a family with kids?
Yes, Syracuse is 8% more affordable than the national average for a family with kids.
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