Discretionary Income in Cedar Rapids, IA 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
Cedar Rapids, IA is ranked 76th 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Cedar Rapids, IA
Gross Salary
$8,333
Taxes
$1,657
Cost of Living
$3,265
Discretionary Income
$3,411
With a gross annual salary of $100,000 in Cedar Rapids, IA, you would need to deduct approximately $1,657 per month for taxes. Given that the average cost of living in Cedar Rapids is $3,265, you would have around $3,411 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Cedar Rapids, IA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Cedar Rapids, IA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Cedar Rapids, IA |
|---|---|
| $30,000 | -$1,028 |
| $40,000 | -$344 |
| $50,000 | $339 |
| $60,000 | $1,011 |
| $70,000 | $1,611 |
| $80,000 | $2,211 |
| $90,000 | $2,811 |
| $100,000 | $3,411 |
| $110,000 | $4,009 |
| $120,000 | $4,593 |
| $130,000 | $5,176 |
| $140,000 | $5,759 |
| $150,000 | $6,343 |
| $175,000 | $7,801 |
| $200,000 | $9,232 |
| $250,000 | $11,803 |
| $300,000 | $14,262 |
| $350,000 | $16,720 |
| $400,000 | $19,178 |
| $450,000 | $21,637 |
| $500,000 | $24,095 |
Discretionary Income in Cedar Rapids, IA 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
Cedar Rapids, IA is ranked 114th 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Cedar Rapids, IA
Gross Salary
$8,333
Taxes
$1,657
Cost of Living
$2,194
Discretionary Income
$4,482
With a gross annual salary of $100,000 in Cedar Rapids, IA, a single person would need to deduct approximately $1,657 per month for taxes. Considering the average cost of living in Cedar Rapids is $2,194, singles would have around $4,482 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Cedar Rapids, IA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Cedar Rapids, IA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Cedar Rapids, IA |
|---|---|
| $30,000 | $43 |
| $40,000 | $727 |
| $50,000 | $1,411 |
| $60,000 | $2,082 |
| $70,000 | $2,682 |
| $80,000 | $3,282 |
| $90,000 | $3,882 |
| $100,000 | $4,482 |
| $110,000 | $5,081 |
| $120,000 | $5,664 |
| $130,000 | $6,248 |
| $140,000 | $6,831 |
| $150,000 | $7,414 |
| $175,000 | $8,873 |
| $200,000 | $10,304 |
| $250,000 | $12,875 |
| $300,000 | $15,333 |
| $350,000 | $17,792 |
| $400,000 | $20,250 |
| $450,000 | $22,708 |
| $500,000 | $25,167 |
Discretionary Income in Cedar Rapids, IA 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
Cedar Rapids, IA is ranked 80th 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Cedar Rapids, IA
Gross Salary
$8,333
Taxes
$1,657
Cost of Living
$3,259
Discretionary Income
$3,417
With a gross annual salary of $100,000 in Cedar Rapids, IA, a couple would need to deduct approximately $1,657 per month for taxes. Considering the average cost of living in Cedar Rapids is $3,259, couples would have around $3,417 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Cedar Rapids, IA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Cedar Rapids, IA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Cedar Rapids, IA |
|---|---|
| $30,000 | -$1,022 |
| $40,000 | -$337 |
| $50,000 | $346 |
| $60,000 | $1,017 |
| $70,000 | $1,617 |
| $80,000 | $2,217 |
| $90,000 | $2,817 |
| $100,000 | $3,417 |
| $110,000 | $4,016 |
| $120,000 | $4,600 |
| $130,000 | $5,183 |
| $140,000 | $5,766 |
| $150,000 | $6,350 |
| $175,000 | $7,808 |
| $200,000 | $9,239 |
| $250,000 | $11,810 |
| $300,000 | $14,269 |
| $350,000 | $16,727 |
| $400,000 | $19,120 |
| $450,000 | $21,495 |
| $500,000 | $23,870 |
Discretionary Income in Cedar Rapids, IA 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
Cedar Rapids, IA is ranked 63rd 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Cedar Rapids, IA
Gross Salary
$8,333
Taxes
$1,396
Cost of Living
$3,106
Discretionary Income
$3,831
With a gross annual salary of $100,000 in Cedar Rapids, IA, a single parent would need to deduct approximately $1,396 per month for taxes. Considering the average cost of living in Cedar Rapids is $3,106, single parents would have around $3,831 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Cedar Rapids, IA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Cedar Rapids, IA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Cedar Rapids, IA |
|---|---|
| $30,000 | -$803 |
| $40,000 | -$108 |
| $50,000 | $576 |
| $60,000 | $1,259 |
| $70,000 | $1,942 |
| $80,000 | $2,626 |
| $90,000 | $3,231 |
| $100,000 | $3,831 |
| $110,000 | $4,431 |
| $120,000 | $5,025 |
| $130,000 | $5,608 |
| $140,000 | $6,191 |
| $150,000 | $6,775 |
| $175,000 | $8,233 |
| $200,000 | $9,691 |
| $250,000 | $12,294 |
| $300,000 | $14,757 |
| $350,000 | $17,216 |
| $400,000 | $19,674 |
| $450,000 | $22,132 |
| $500,000 | $24,591 |
Discretionary Income in Cedar Rapids, IA 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
Cedar Rapids, IA is ranked 66th 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Cedar Rapids, IA
Gross Salary
$8,333
Taxes
$1,124
Cost of Living
$4,503
Discretionary Income
$2,706
With a gross annual salary of $100,000 in Cedar Rapids, IA, a family would need to deduct approximately $1,124 per month for taxes. Considering the average cost of living in Cedar Rapids is $4,503, families would have around $2,706 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Cedar Rapids, IA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Cedar Rapids, IA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Cedar Rapids, IA |
|---|---|
| $30,000 | -$2,137 |
| $40,000 | -$1,428 |
| $50,000 | -$720 |
| $60,000 | -$29 |
| $70,000 | $656 |
| $80,000 | $1,340 |
| $90,000 | $2,023 |
| $100,000 | $2,706 |
| $110,000 | $3,390 |
| $120,000 | $4,049 |
| $130,000 | $4,649 |
| $140,000 | $5,249 |
| $150,000 | $5,849 |
| $175,000 | $7,349 |
| $200,000 | $8,849 |
| $250,000 | $11,797 |
| $300,000 | $14,713 |
| $350,000 | $17,630 |
| $400,000 | $20,493 |
| $450,000 | $23,076 |
| $500,000 | $25,635 |
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.