Salary Needed to Live in Terre Haute as a Family

A family of four (2 adults, 2 children) needs approximately $45,132/year to live comfortably in Terre Haute, IN — including 15% savings.

Comfortable Salary
$45,132
with 15% savings
Bare Minimum
$35,984
no savings buffer
Monthly Expenses
$2,219
24% below national avg

Detailed Monthly Budget for a Family in Terre Haute

ExpenseTerre HauteNat'l AvgDiff
🏠 3BR Apartment/House Rent$128$209-39%
🛒 Groceries$36$44-18%
⚡ Utilities$24$28-14%
🚗 Transportation$32$44-27%
🛡️ Car Insurance$139$211-34%
🏥 Health Insurance$43$53-19%
Childcare/After-school$936$1,200-22%
Internet + Phones$140$180-22%
Children Activities$195$250-22%
Dining Out$273$350-22%
School Supplies & Clothing$156$200-22%
Healthcare Co-pays$117$150-22%
Total Monthly$2,219$2,919-24%

How We Calculated the Salary

Monthly expenses:$2,219
Target savings (15%):$491/mo
Monthly after-tax needed:$2,710
Effective tax rate:26%

Gross annual salary needed:$45,132

Other Household Types in Terre Haute

Single Person
$15,000/yr
$800/mo expenses
Couple (No Kids)
$20,923/yr
$1,081/mo expenses
Retiree
$15,583/yr
$896/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Terre Haute?
A family with kids needs approximately $45,132/year ($3,761/month gross) to live comfortably in Terre Haute with a 15% savings rate.
How much is rent for a family with kids in Terre Haute?
A 3br apartment/house in Terre Haute costs approximately $128/month, which is the largest single expense at 6% of the total budget.
Is Terre Haute affordable for a family with kids?
Yes, Terre Haute is 24% more affordable than the national average for a family with kids.
← Back to Terre Haute