Discretionary Income in Honolulu, HI 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
Honolulu, HI is ranked 319th 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 Honolulu, HI
Gross Salary
$8,333
Taxes
$1,807
Cost of Living
$5,402
Discretionary Income
$1,124
With a gross annual salary of $100,000 in Honolulu, HI, you would need to deduct approximately $1,807 per month for taxes. Given that the average cost of living in Honolulu is $5,402, you would have around $1,124 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Honolulu, HI, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Honolulu, HI in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Honolulu, HI |
---|---|
$30,000 | -$3,197 |
$40,000 | -$2,530 |
$50,000 | -$1,864 |
$60,000 | -$1,209 |
$70,000 | -$626 |
$80,000 | -$42 |
$90,000 | $541 |
$100,000 | $1,124 |
$110,000 | $1,706 |
$120,000 | $2,273 |
$130,000 | $2,840 |
$140,000 | $3,406 |
$150,000 | $3,973 |
$175,000 | $5,369 |
$200,000 | $6,717 |
$250,000 | $9,080 |
$300,000 | $11,330 |
$350,000 | $13,580 |
$400,000 | $15,830 |
$450,000 | $18,080 |
$500,000 | $20,330 |
Discretionary Income in Honolulu, HI 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
Honolulu, HI is ranked 317th 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 Honolulu, HI
Gross Salary
$8,333
Taxes
$1,807
Cost of Living
$3,532
Discretionary Income
$2,995
With a gross annual salary of $100,000 in Honolulu, HI, a single person would need to deduct approximately $1,807 per month for taxes. Considering the average cost of living in Honolulu is $3,532, singles would have around $2,995 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Honolulu, HI, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Honolulu, HI in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Honolulu, HI |
---|---|
$30,000 | -$1,327 |
$40,000 | -$660 |
$50,000 | $7 |
$60,000 | $661 |
$70,000 | $1,245 |
$80,000 | $1,828 |
$90,000 | $2,411 |
$100,000 | $2,995 |
$110,000 | $3,577 |
$120,000 | $4,143 |
$130,000 | $4,710 |
$140,000 | $5,277 |
$150,000 | $5,843 |
$175,000 | $7,239 |
$200,000 | $8,587 |
$250,000 | $10,950 |
$300,000 | $13,200 |
$350,000 | $15,450 |
$400,000 | $17,700 |
$450,000 | $19,950 |
$500,000 | $22,200 |
Discretionary Income in Honolulu, HI 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
Honolulu, HI is ranked 318th 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 Honolulu, HI
Gross Salary
$8,333
Taxes
$1,807
Cost of Living
$5,405
Discretionary Income
$1,122
With a gross annual salary of $100,000 in Honolulu, HI, a couple would need to deduct approximately $1,807 per month for taxes. Considering the average cost of living in Honolulu is $5,405, couples would have around $1,122 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Honolulu, HI, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Honolulu, HI in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Honolulu, HI |
---|---|
$30,000 | -$3,200 |
$40,000 | -$2,533 |
$50,000 | -$1,866 |
$60,000 | -$1,212 |
$70,000 | -$628 |
$80,000 | -$45 |
$90,000 | $538 |
$100,000 | $1,122 |
$110,000 | $1,704 |
$120,000 | $2,270 |
$130,000 | $2,837 |
$140,000 | $3,404 |
$150,000 | $3,970 |
$175,000 | $5,366 |
$200,000 | $6,714 |
$250,000 | $9,077 |
$300,000 | $11,327 |
$350,000 | $13,577 |
$400,000 | $15,762 |
$450,000 | $17,928 |
$500,000 | $20,095 |
Discretionary Income in Honolulu, HI 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
Honolulu, HI is ranked 317th 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 Honolulu, HI
Gross Salary
$8,333
Taxes
$1,546
Cost of Living
$5,241
Discretionary Income
$1,546
With a gross annual salary of $100,000 in Honolulu, HI, a single parent would need to deduct approximately $1,546 per month for taxes. Considering the average cost of living in Honolulu is $5,241, single parents would have around $1,546 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Honolulu, HI, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Honolulu, HI in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Honolulu, HI |
---|---|
$30,000 | -$2,970 |
$40,000 | -$2,292 |
$50,000 | -$1,626 |
$60,000 | -$959 |
$70,000 | -$292 |
$80,000 | $374 |
$90,000 | $963 |
$100,000 | $1,546 |
$110,000 | $2,130 |
$120,000 | $2,707 |
$130,000 | $3,273 |
$140,000 | $3,840 |
$150,000 | $4,407 |
$175,000 | $5,803 |
$200,000 | $7,178 |
$250,000 | $9,572 |
$300,000 | $11,827 |
$350,000 | $14,077 |
$400,000 | $16,327 |
$450,000 | $18,577 |
$500,000 | $20,827 |
Discretionary Income in Honolulu, HI 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
Honolulu, HI is ranked 320th 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 Honolulu, HI
Gross Salary
$8,333
Taxes
$1,257
Cost of Living
$7,431
Discretionary Income
-$354
With a gross annual salary of $100,000 in Honolulu, HI, a family would need to deduct approximately $1,257 per month for taxes. Considering the average cost of living in Honolulu is $7,431, families would have around -$354 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Honolulu, HI, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Honolulu, HI in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Honolulu, HI |
---|---|
$30,000 | -$5,069 |
$40,000 | -$4,377 |
$50,000 | -$3,688 |
$60,000 | -$3,021 |
$70,000 | -$2,354 |
$80,000 | -$1,688 |
$90,000 | -$1,021 |
$100,000 | -$354 |
$110,000 | $312 |
$120,000 | $955 |
$130,000 | $1,539 |
$140,000 | $2,122 |
$150,000 | $2,705 |
$175,000 | $4,164 |
$200,000 | $5,622 |
$250,000 | $8,486 |
$300,000 | $11,319 |
$350,000 | $14,111 |
$400,000 | $16,807 |
$450,000 | $19,182 |
$500,000 | $21,533 |
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.