Salary Needed to Live in Janesville as a Family

A family of four (2 adults, 2 children) needs approximately $50,990/year to live comfortably in Janesville, WI — including 15% savings.

Comfortable Salary
$50,990
with 15% savings
Bare Minimum
$40,654
no savings buffer
Monthly Expenses
$2,507
14% below national avg

Detailed Monthly Budget for a Family in Janesville

ExpenseJanesvilleNat'l AvgDiff
🏠 3BR Apartment/House Rent$156$209-25%
🛒 Groceries$57$44+30%
⚡ Utilities$22$28-21%
🚗 Transportation$44$440%
🛡️ Car Insurance$185$211-12%
🏥 Health Insurance$39$53-26%
Childcare/After-school$1,032$1,200-14%
Internet + Phones$155$180-14%
Children Activities$215$250-14%
Dining Out$301$350-14%
School Supplies & Clothing$172$200-14%
Healthcare Co-pays$129$150-14%
Total Monthly$2,507$2,919-14%

How We Calculated the Salary

Monthly expenses:$2,507
Target savings (15%):$555/mo
Monthly after-tax needed:$3,062
Effective tax rate:26%

Gross annual salary needed:$50,990

Other Household Types in Janesville

Single Person
$17,306/yr
$923/mo expenses
Couple (No Kids)
$24,019/yr
$1,241/mo expenses
Retiree
$17,843/yr
$1,026/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Janesville?
A family with kids needs approximately $50,990/year ($4,249/month gross) to live comfortably in Janesville with a 15% savings rate.
How much is rent for a family with kids in Janesville?
A 3br apartment/house in Janesville costs approximately $156/month, which is the largest single expense at 6% of the total budget.
Is Janesville affordable for a family with kids?
Yes, Janesville is 14% more affordable than the national average for a family with kids.
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