Would anybody be willing to spill their monthly budget living in Boston or adjacent areas? We’re a family of 3. Between rent, car loan + insurance, child’s activities, groceries etc I end up spending $11k per month. I’m looking to see if I’m overspending vs average or is this normal given the area and family size.

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Family of 4 but with two in daycare so we’re at $11k just with mortgage and daycare 😂😂

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I’d say that’s about right. I’m around $9-10k per month for a family of 3. $4,500 rent + utilities, $1,500 2 car loans + insurance, $500 health insurance, $2,500 all other expenses (groceries, cell phones, restaurants, travel, gas, etc).

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It may be easier to break down the numbers for the key spend areas than an overall number.

Groceries and fast food ,for a family of 5 is probably 1,400/month (4 boys!). Mortgage with insurance and taxes is $3700 but that’s because we bought pre Covid and have low rates. No car loan and insurance is $1,400/year for just my car. Work covers my husband’s vehicle.
Children’s activities/bday parties/clothes/xmas/camps averages $1,900/month. We also pay for private school which is not included in that.
There are other expenses like medical, utilities, gas, vacations etc.

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All in I’d estimate $13,500/month not including private school.

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Family of 3 in Waltham - rent is 1,700, utilities/groceries/eating out/car/toys and clothes/gas/etc is usually about 3k/month, daycare is 3k/month, so 7-8k/month

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I was gonna say. Good steal!

That’s really awesome I’d say. We’re a family of two and spend more $20-$25k a month.

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I am myself and a dog, and I spend $5-6k a month

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