Salary Needed to Live in Martha's Vineyard as a Single
A single adult living independently needs approximately $38,748/year to live comfortably in Martha's Vineyard, MA — including 10% savings.
Comfortable Salary
$38,748
with 10% savings
Bare Minimum
$33,367
no savings buffer
Monthly Expenses
$2,002
82% above national avg
Detailed Monthly Budget for a Single in Martha's Vineyard
| Expense | Martha's Vineyard | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $288 | $113 | +155% |
| 🛒 Groceries | $35 | $17 | +106% |
| ⚡ Utilities | $19 | $14 | +36% |
| 🚗 Transportation | $50 | $26 | +92% |
| 🛡️ Car Insurance | $273 | $229 | +19% |
| 🏥 Health Insurance | $79 | $58 | +36% |
| Internet | $127 | $65 | +95% |
| Phone | $166 | $85 | +95% |
| Dining & Social | $585 | $300 | +95% |
| Entertainment | $234 | $120 | +95% |
| Personal Care | $146 | $75 | +95% |
| Total Monthly | $2,002 | $1,102 | +82% |
How We Calculated the Salary
Monthly expenses:$2,002
Target savings (10%):$258/mo
Monthly after-tax needed:$2,260
Effective tax rate:28%
Gross annual salary needed:$38,748
Other Household Types in Martha's Vineyard
Related Pages
FAQ
What salary does a single person need in Martha's Vineyard?
A single person needs approximately $38,748/year ($3,229/month gross) to live comfortably in Martha's Vineyard with a 10% savings rate.
How much is rent for a single person in Martha's Vineyard?
A studio/1br in Martha's Vineyard costs approximately $288/month, which is the largest single expense at 14% of the total budget.
Is Martha's Vineyard affordable for a single person?
Martha's Vineyard is above the national average for single person living costs, requiring 82% more salary than the US median.