Discretionary Income in Berkeley, CA in 2024
Discretionary income is the money that’s left over after taxes and cost of living expenses, and you can have more of it – if you know where to live and work. Discretionary Income = Gross Salary – Taxes – Cost of Living
Berkeley, CA is ranked 322nd out of the top 333 most populated cities in the U.S. for having the highest discretionary income. Therefore, it is considered as one of the cities, where on average per month, you will have the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Berkeley, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$5,723
Discretionary Income
$933
With a gross annual salary of $100,000 in Berkeley, CA, you would need to deduct approximately $1,677 per month for taxes. Given that the average cost of living in Berkeley is $5,723, you would have around $933 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Berkeley, CA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Berkeley, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Berkeley, CA |
|---|---|
| $30,000 | -$3,417 |
| $40,000 | -$2,718 |
| $50,000 | -$2,035 |
| $60,000 | -$1,374 |
| $70,000 | -$792 |
| $80,000 | -$217 |
| $90,000 | $358 |
| $100,000 | $933 |
| $110,000 | $1,507 |
| $120,000 | $2,065 |
| $130,000 | $2,624 |
| $140,000 | $3,182 |
| $150,000 | $3,740 |
| $175,000 | $5,136 |
| $200,000 | $6,505 |
| $250,000 | $8,951 |
| $300,000 | $11,285 |
| $350,000 | $13,617 |
| $400,000 | $15,909 |
| $450,000 | $18,175 |
| $500,000 | $20,425 |
Discretionary Income in Berkeley, CA in 2024
Discretionary income is the money that’s left over after taxes and cost of living expenses, and you can have more of it – if you know where to live and work. Discretionary Income = Gross Salary – Taxes – Cost of Living
Berkeley, CA is ranked 322nd out of the top 333 most populated cities in the U.S. for having the highest discretionary income for singles. Therefore, it is considered as one of the cities, where on average per month, you will have the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Berkeley, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$3,805
Discretionary Income
$2,852
With a gross annual salary of $100,000 in Berkeley, CA, a single person would need to deduct approximately $1,677 per month for taxes. Considering the average cost of living in Berkeley is $3,805, singles would have around $2,852 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Berkeley, CA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Berkeley, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Berkeley, CA |
|---|---|
| $30,000 | -$1,498 |
| $40,000 | -$800 |
| $50,000 | -$117 |
| $60,000 | $545 |
| $70,000 | $1,127 |
| $80,000 | $1,702 |
| $90,000 | $2,277 |
| $100,000 | $2,852 |
| $110,000 | $3,426 |
| $120,000 | $3,984 |
| $130,000 | $4,542 |
| $140,000 | $5,101 |
| $150,000 | $5,659 |
| $175,000 | $7,055 |
| $200,000 | $8,424 |
| $250,000 | $10,870 |
| $300,000 | $13,203 |
| $350,000 | $15,536 |
| $400,000 | $17,827 |
| $450,000 | $20,093 |
| $500,000 | $22,343 |
Discretionary Income in Berkeley, CA in 2024
Discretionary income is the money that’s left over after taxes and cost of living expenses, and you can have more of it – if you know where to live and work. Discretionary Income = Gross Salary – Taxes – Cost of Living
Berkeley, CA is ranked 322nd out of the top 333 most populated cities in the U.S. for having the highest discretionary income for couples. Therefore, it is considered as one of the cities, where on average per month, you will have the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Berkeley, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$5,734
Discretionary Income
$923
With a gross annual salary of $100,000 in Berkeley, CA, a couple would need to deduct approximately $1,677 per month for taxes. Considering the average cost of living in Berkeley is $5,734, couples would have around $923 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Berkeley, CA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Berkeley, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Berkeley, CA |
|---|---|
| $30,000 | -$3,428 |
| $40,000 | -$2,729 |
| $50,000 | -$2,046 |
| $60,000 | -$1,384 |
| $70,000 | -$802 |
| $80,000 | -$227 |
| $90,000 | $348 |
| $100,000 | $923 |
| $110,000 | $1,496 |
| $120,000 | $2,055 |
| $130,000 | $2,613 |
| $140,000 | $3,171 |
| $150,000 | $3,730 |
| $175,000 | $5,125 |
| $200,000 | $6,494 |
| $250,000 | $8,940 |
| $300,000 | $11,274 |
| $350,000 | $13,606 |
| $400,000 | $15,832 |
| $450,000 | $18,015 |
| $500,000 | $20,182 |
Discretionary Income in Berkeley, CA in 2024
Discretionary income is the money that’s left over after taxes and cost of living expenses, and you can have more of it – if you know where to live and work. Discretionary Income = Gross Salary – Taxes – Cost of Living
Berkeley, CA is ranked 322nd out of the top 333 most populated cities in the U.S. for having the highest discretionary income for single parents. Therefore, it is considered as one of the cities, where on average per month, you will have the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Berkeley, CA
Gross Salary
$8,333
Taxes
$1,415
Cost of Living
$5,523
Discretionary Income
$1,395
With a gross annual salary of $100,000 in Berkeley, CA, a single parent would need to deduct approximately $1,415 per month for taxes. Considering the average cost of living in Berkeley is $5,523, single parents would have around $1,395 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Berkeley, CA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Berkeley, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Berkeley, CA |
|---|---|
| $30,000 | -$3,150 |
| $40,000 | -$2,441 |
| $50,000 | -$1,758 |
| $60,000 | -$1,084 |
| $70,000 | -$419 |
| $80,000 | $240 |
| $90,000 | $820 |
| $100,000 | $1,395 |
| $110,000 | $1,970 |
| $120,000 | $2,539 |
| $130,000 | $3,097 |
| $140,000 | $3,655 |
| $150,000 | $4,214 |
| $175,000 | $5,609 |
| $200,000 | $7,005 |
| $250,000 | $9,483 |
| $300,000 | $11,821 |
| $350,000 | $14,154 |
| $400,000 | $16,446 |
| $450,000 | $18,711 |
| $500,000 | $20,961 |
Discretionary Income in Berkeley, CA in 2024
Discretionary income is the money that’s left over after taxes and cost of living expenses, and you can have more of it – if you know where to live and work. Discretionary Income = Gross Salary – Taxes – Cost of Living
Berkeley, CA is ranked 322nd out of the top 333 most populated cities in the U.S. for having the highest discretionary income for families. Therefore, it is considered as one of the cities, where on average per month, you will have the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Berkeley, CA
Gross Salary
$8,333
Taxes
$957
Cost of Living
$7,831
Discretionary Income
-$455
With a gross annual salary of $100,000 in Berkeley, CA, a family would need to deduct approximately $957 per month for taxes. Considering the average cost of living in Berkeley is $7,831, families would have around -$455 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Berkeley, CA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Berkeley, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Berkeley, CA |
|---|---|
| $30,000 | -$5,383 |
| $40,000 | -$4,650 |
| $50,000 | -$3,918 |
| $60,000 | -$3,218 |
| $70,000 | -$2,518 |
| $80,000 | -$1,821 |
| $90,000 | -$1,138 |
| $100,000 | -$455 |
| $110,000 | $226 |
| $120,000 | $869 |
| $130,000 | $1,452 |
| $140,000 | $2,032 |
| $150,000 | $2,607 |
| $175,000 | $4,045 |
| $200,000 | $5,482 |
| $250,000 | $8,305 |
| $300,000 | $11,097 |
| $350,000 | $13,888 |
| $400,000 | $16,626 |
| $450,000 | $19,084 |
| $500,000 | $21,518 |
The assessments presented on this website, including those related to crime, safety, cost of living, and other location characteristics (e.g., states, cities, towns, villages, neighborhoods, areas, landmarks), are based on various sources and our internal research methods. These assessments are not guaranteed to be accurate or complete and should not be used as the sole basis for making any decisions.