Salary Needed to Live in Peoria as a Family

A family of four (2 adults, 2 children) needs approximately $60,186/year to live comfortably in Peoria, AZ — including 15% savings.

Comfortable Salary
$60,186
with 15% savings
Bare Minimum
$47,819
no savings buffer
Monthly Expenses
$2,909
1% below national avg

Detailed Monthly Budget for a Family in Peoria

ExpensePeoriaNat'l AvgDiff
🏠 3BR Apartment/House Rent$201$209-4%
🛒 Groceries$53$44+20%
⚡ Utilities$28$280%
🚗 Transportation$42$44-5%
🛡️ Car Insurance$168$215-22%
🏥 Health Insurance$40$54-26%
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$2,909$2,924-1%

How We Calculated the Salary

Monthly expenses:$2,909
Target savings (15%):$646/mo
Monthly after-tax needed:$3,555
Effective tax rate:27%

Gross annual salary needed:$60,186

Other Household Types in Peoria

Single Person
$19,695/yr
$1,034/mo expenses
Couple (No Kids)
$27,718/yr
$1,409/mo expenses
Retiree
$20,471/yr
$1,160/mo expenses

Related Pages

Living Alone in PeoriaCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a family with kids need in Peoria?
A family with kids needs approximately $60,186/year ($5,016/month gross) to live comfortably in Peoria with a 15% savings rate.
How much is rent for a family with kids in Peoria?
A 3br apartment/house in Peoria costs approximately $201/month, which is the largest single expense at 7% of the total budget.
Is Peoria affordable for a family with kids?
Peoria is roughly average for family with kids costs, requiring a salary close to the national median.
← Back to Peoria