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Study says Utah families need nearly $236K a year to live comfortably

SLC Scoop StaffUPDATED

A new study estimates that a Utah family of four needs nearly $236,000 in annual household income to live comfortably.

The figure is based on the 50/30/20 budgeting rule, which allocates 50% of income toward necessities, 30% toward personal spending and 20% toward savings or debt repayment.

The estimate reflects a specific budgeting standard, not the minimum income required for a family to get by.

With housing, groceries and everyday expenses continuing to weigh on household budgets, we’re curious:

How much do you think a family of four actually needs to live comfortably in Utah?

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