Salary Needed to Live in Tempe as a Family

A family of four (2 adults, 2 children) needs approximately $61,262/year to live comfortably in Tempe, AZ — including 15% savings.

Comfortable Salary
$61,262
with 15% savings
Bare Minimum
$48,674
no savings buffer
Monthly Expenses
$2,961
1% above national avg

Detailed Monthly Budget for a Family in Tempe

ExpenseTempeNat'l AvgDiff
🏠 3BR Apartment/House Rent$206$209-1%
🛒 Groceries$46$44+5%
⚡ Utilities$25$28-11%
🚗 Transportation$48$44+9%
🛡️ Car Insurance$157$215-27%
🏥 Health Insurance$56$54+4%
Childcare/After-school$1,248$1,200+4%
Internet + Phones$187$180+4%
Children Activities$260$250+4%
Dining Out$364$350+4%
School Supplies & Clothing$208$200+4%
Healthcare Co-pays$156$150+4%
Total Monthly$2,961$2,924+1%

How We Calculated the Salary

Monthly expenses:$2,961
Target savings (15%):$658/mo
Monthly after-tax needed:$3,619
Effective tax rate:27%

Gross annual salary needed:$61,262

Other Household Types in Tempe

Single Person
$20,076/yr
$1,054/mo expenses
Couple (No Kids)
$28,249/yr
$1,436/mo expenses
Retiree
$20,859/yr
$1,182/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Tempe?
A family with kids needs approximately $61,262/year ($5,105/month gross) to live comfortably in Tempe with a 15% savings rate.
How much is rent for a family with kids in Tempe?
A 3br apartment/house in Tempe costs approximately $206/month, which is the largest single expense at 7% of the total budget.
Is Tempe affordable for a family with kids?
Tempe is roughly average for family with kids costs, requiring a salary close to the national median.
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