Salary Needed to Live in Twin Falls as a Family
A family of four (2 adults, 2 children) needs approximately $55,469/year to live comfortably in Twin Falls, ID — including 15% savings.
Comfortable Salary
$55,469
with 15% savings
Bare Minimum
$44,071
no savings buffer
Monthly Expenses
$2,681
8% below national avg
Detailed Monthly Budget for a Family in Twin Falls
| Expense | Twin Falls | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $222 | $209 | +6% |
| 🛒 Groceries | $45 | $44 | +2% |
| ⚡ Utilities | $23 | $28 | -18% |
| 🚗 Transportation | $42 | $44 | -5% |
| 🛡️ Car Insurance | $200 | $215 | -7% |
| 🏥 Health Insurance | $52 | $54 | -4% |
| Childcare/After-school | $1,080 | $1,200 | -10% |
| Internet + Phones | $162 | $180 | -10% |
| Children Activities | $225 | $250 | -10% |
| Dining Out | $315 | $350 | -10% |
| School Supplies & Clothing | $180 | $200 | -10% |
| Healthcare Co-pays | $135 | $150 | -10% |
| Total Monthly | $2,681 | $2,924 | -8% |
How We Calculated the Salary
Monthly expenses:$2,681
Target savings (15%):$595/mo
Monthly after-tax needed:$3,276
Effective tax rate:27%
Gross annual salary needed:$55,469
Other Household Types in Twin Falls
Related Pages
FAQ
What salary does a family with kids need in Twin Falls?
A family with kids needs approximately $55,469/year ($4,622/month gross) to live comfortably in Twin Falls with a 15% savings rate.
How much is rent for a family with kids in Twin Falls?
A 3br apartment/house in Twin Falls costs approximately $222/month, which is the largest single expense at 8% of the total budget.
Is Twin Falls affordable for a family with kids?
Yes, Twin Falls is 8% more affordable than the national average for a family with kids.