Salary Needed to Live in Montpelier as a Family
A family of four (2 adults, 2 children) needs approximately $68,737/year to live comfortably in Montpelier, VT — including 15% savings.
Comfortable Salary
$68,737
with 15% savings
Bare Minimum
$54,417
no savings buffer
Monthly Expenses
$3,265
11% above national avg
Detailed Monthly Budget for a Family in Montpelier
| Expense | Montpelier | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $278 | $209 | +33% |
| 🛒 Groceries | $56 | $44 | +27% |
| ⚡ Utilities | $34 | $28 | +21% |
| 🚗 Transportation | $45 | $44 | +2% |
| 🛡️ Car Insurance | $179 | $229 | -22% |
| 🏥 Health Insurance | $63 | $58 | +9% |
| Childcare/After-school | $1,344 | $1,200 | +12% |
| Internet + Phones | $202 | $180 | +12% |
| Children Activities | $280 | $250 | +12% |
| Dining Out | $392 | $350 | +12% |
| School Supplies & Clothing | $224 | $200 | +12% |
| Healthcare Co-pays | $168 | $150 | +12% |
| Total Monthly | $3,265 | $2,942 | +11% |
How We Calculated the Salary
Monthly expenses:$3,265
Target savings (15%):$728/mo
Monthly after-tax needed:$3,993
Effective tax rate:28%
Gross annual salary needed:$68,737
Other Household Types in Montpelier
Related Pages
FAQ
What salary does a family with kids need in Montpelier?
A family with kids needs approximately $68,737/year ($5,728/month gross) to live comfortably in Montpelier with a 15% savings rate.
How much is rent for a family with kids in Montpelier?
A 3br apartment/house in Montpelier costs approximately $278/month, which is the largest single expense at 9% of the total budget.
Is Montpelier affordable for a family with kids?
Montpelier is above the national average for family with kids living costs, requiring 11% more salary than the US median.