EPI’s Family Budget Calculator measures the income a family needs in order to attain a secure yet modest living standard by estimating community-specific costs of housing, food, child care, transportation, health care, other necessities, and taxes. The budgets, updated for 2013, are calculated for 615 U.S. communities and six family types (either one or two parents with one, two, or three children).
As compared with official poverty thresholds such as the federal poverty line and Supplemental Poverty Measure, EPI’s family budgets offer a higher degree of geographic customization and provide a more accurate measure of economic security. In all cases, they show families need more than twice the amount of the federal poverty line to get by.
Monthly costsfor a family with
— and —in —, —
Family budgets are for 2013.
Learn more about EPI’s Family Budget Calculator
OVERVIEW: What Families Need to Get By: The 2013 Update of EPI’s Family Budget Calculator (EPI Issue Brief #368)
METHODOLOGY: Economic Policy Institute 2013 Family Budget Calculator: Technical Documentation (EPI Working Paper #297)
DATA: Download source data (Excel)
August 27, 2013 | We have updated our family budgets to correct for a minor alphabetizing problem and to adjust the upper bound of MSA income values within the tax portion of our family budgets.