How much families need to get by

Published On: Jul 16 2013 12:23:50 PM CDT   Updated On: Mar 06 2014 02:38:46 PM CST

The Economic Policy Institute has calculated how much families need to have "an adequate but modest" standard of living based on the cost of housing, food, transportation, health care, child care, taxes and other necessities around the country. Take a look at what a family of two parents and two children would need in 20 large metro areas to meet this standard.

Home prices - New York
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New York

Annual total: $93,502

Monthly total: $7,792

Monthly housing: $1,474

Monthly food: $754

Monthly child care: $2,006

Monthly transportation: $577

Monthly health care: $1,629

Monthly other necessities: $570

Monthly taxes: $781

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