Salary Needed to Live in New Haven as a Family

A family of four (2 adults, 2 children) needs approximately $68,968/year to live comfortably in New Haven, CT — including 15% savings.

Comfortable Salary
$68,968
with 15% savings
Bare Minimum
$54,600
no savings buffer
Monthly Expenses
$3,276
11% above national avg

Detailed Monthly Budget for a Family in New Haven

ExpenseNew HavenNat'l AvgDiff
🏠 3BR Apartment/House Rent$249$209+19%
🛒 Groceries$54$44+23%
⚡ Utilities$29$28+4%
🚗 Transportation$49$44+11%
🛡️ Car Insurance$232$229+1%
🏥 Health Insurance$53$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$3,276$2,942+11%

How We Calculated the Salary

Monthly expenses:$3,276
Target savings (15%):$730/mo
Monthly after-tax needed:$4,006
Effective tax rate:28%

Gross annual salary needed:$68,968

Other Household Types in New Haven

Single Person
$23,342/yr
$1,206/mo expenses
Couple (No Kids)
$32,440/yr
$1,622/mo expenses
Retiree
$24,107/yr
$1,346/mo expenses

Related Pages

Living Alone in New HavenCity OverviewAfford on $75K?Afford on $100K?Cheaper AlternativesCost of Living

FAQ

What salary does a family with kids need in New Haven?
A family with kids needs approximately $68,968/year ($5,747/month gross) to live comfortably in New Haven with a 15% savings rate.
How much is rent for a family with kids in New Haven?
A 3br apartment/house in New Haven costs approximately $249/month, which is the largest single expense at 8% of the total budget.
Is New Haven affordable for a family with kids?
New Haven is above the national average for family with kids living costs, requiring 11% more salary than the US median.
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