Salary Needed to Live in Bloomington as a Family

A family of four (2 adults, 2 children) needs approximately $53,756/year to live comfortably in Bloomington, IL — including 15% savings.

Comfortable Salary
$53,756
with 15% savings
Bare Minimum
$42,859
no savings buffer
Monthly Expenses
$2,643
9% below national avg

Detailed Monthly Budget for a Family in Bloomington

ExpenseBloomingtonNat'l AvgDiff
🏠 3BR Apartment/House Rent$209$2090%
🛒 Groceries$50$44+14%
⚡ Utilities$26$28-7%
🚗 Transportation$41$44-7%
🛡️ Car Insurance$176$211-17%
🏥 Health Insurance$44$53-17%
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$2,643$2,919-9%

How We Calculated the Salary

Monthly expenses:$2,643
Target savings (15%):$585/mo
Monthly after-tax needed:$3,228
Effective tax rate:26%

Gross annual salary needed:$53,756

Other Household Types in Bloomington

Single Person
$18,225/yr
$972/mo expenses
Couple (No Kids)
$25,277/yr
$1,306/mo expenses
Retiree
$18,835/yr
$1,083/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Bloomington?
A family with kids needs approximately $53,756/year ($4,480/month gross) to live comfortably in Bloomington with a 15% savings rate.
How much is rent for a family with kids in Bloomington?
A 3br apartment/house in Bloomington costs approximately $209/month, which is the largest single expense at 8% of the total budget.
Is Bloomington affordable for a family with kids?
Yes, Bloomington is 9% more affordable than the national average for a family with kids.
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