Salary Needed to Live in Meridian as a Family
A family of four (2 adults, 2 children) needs approximately $60,931/year to live comfortably in Meridian, ID — including 15% savings.
Comfortable Salary
$60,931
with 15% savings
Bare Minimum
$48,411
no savings buffer
Monthly Expenses
$2,945
1% above national avg
Detailed Monthly Budget for a Family in Meridian
| Expense | Meridian | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $200 | $209 | -4% |
| 🛒 Groceries | $54 | $44 | +23% |
| ⚡ Utilities | $23 | $28 | -18% |
| 🚗 Transportation | $40 | $44 | -9% |
| 🛡️ Car Insurance | $202 | $215 | -6% |
| 🏥 Health Insurance | $49 | $54 | -9% |
| Childcare/After-school | $1,224 | $1,200 | +2% |
| Internet + Phones | $184 | $180 | +2% |
| Children Activities | $255 | $250 | +2% |
| Dining Out | $357 | $350 | +2% |
| School Supplies & Clothing | $204 | $200 | +2% |
| Healthcare Co-pays | $153 | $150 | +2% |
| Total Monthly | $2,945 | $2,924 | +1% |
How We Calculated the Salary
Monthly expenses:$2,945
Target savings (15%):$654/mo
Monthly after-tax needed:$3,599
Effective tax rate:27%
Gross annual salary needed:$60,931
Other Household Types in Meridian
Related Pages
FAQ
What salary does a family with kids need in Meridian?
A family with kids needs approximately $60,931/year ($5,078/month gross) to live comfortably in Meridian with a 15% savings rate.
How much is rent for a family with kids in Meridian?
A 3br apartment/house in Meridian costs approximately $200/month, which is the largest single expense at 7% of the total budget.
Is Meridian affordable for a family with kids?
Meridian is roughly average for family with kids costs, requiring a salary close to the national median.