Salary Needed to Live in Olympia as a Family

A family of four (2 adults, 2 children) needs approximately $67,510/year to live comfortably in Olympia, WA — including 15% savings.

Comfortable Salary
$67,510
with 15% savings
Bare Minimum
$53,638
no savings buffer
Monthly Expenses
$3,263
12% above national avg

Detailed Monthly Budget for a Family in Olympia

ExpenseOlympiaNat'l AvgDiff
🏠 3BR Apartment/House Rent$221$209+6%
🛒 Groceries$67$44+52%
⚡ Utilities$22$28-21%
🚗 Transportation$55$44+25%
🛡️ Car Insurance$175$215-19%
🏥 Health Insurance$43$54-20%
Childcare/After-school$1,380$1,200+15%
Internet + Phones$207$180+15%
Children Activities$288$250+15%
Dining Out$402$350+15%
School Supplies & Clothing$230$200+15%
Healthcare Co-pays$173$150+15%
Total Monthly$3,263$2,924+12%

How We Calculated the Salary

Monthly expenses:$3,263
Target savings (15%):$725/mo
Monthly after-tax needed:$3,988
Effective tax rate:27%

Gross annual salary needed:$67,510

Other Household Types in Olympia

Single Person
$21,886/yr
$1,149/mo expenses
Couple (No Kids)
$30,964/yr
$1,574/mo expenses
Retiree
$22,765/yr
$1,290/mo expenses

Related Pages

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

FAQ

What salary does a family with kids need in Olympia?
A family with kids needs approximately $67,510/year ($5,626/month gross) to live comfortably in Olympia with a 15% savings rate.
How much is rent for a family with kids in Olympia?
A 3br apartment/house in Olympia costs approximately $221/month, which is the largest single expense at 7% of the total budget.
Is Olympia affordable for a family with kids?
Olympia is above the national average for family with kids living costs, requiring 12% more salary than the US median.
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