Discretionary Income in Des Moines, 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
Des Moines, IA is ranked 103rd 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 Des Moines, IA
Gross Salary
$8,333
Taxes
$1,657
Cost of Living
$3,372
Discretionary Income
$3,304
With a gross annual salary of $100,000 in Des Moines, IA, you would need to deduct approximately $1,657 per month for taxes. Given that the average cost of living in Des Moines is $3,372, you would have around $3,304 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Des Moines, IA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Des Moines, IA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Des Moines, IA |
|---|---|
| $30,000 | -$1,135 |
| $40,000 | -$451 |
| $50,000 | $233 |
| $60,000 | $904 |
| $70,000 | $1,504 |
| $80,000 | $2,104 |
| $90,000 | $2,704 |
| $100,000 | $3,304 |
| $110,000 | $3,903 |
| $120,000 | $4,486 |
| $130,000 | $5,070 |
| $140,000 | $5,653 |
| $150,000 | $6,236 |
| $175,000 | $7,695 |
| $200,000 | $9,126 |
| $250,000 | $11,697 |
| $300,000 | $14,155 |
| $350,000 | $16,614 |
| $400,000 | $19,072 |
| $450,000 | $21,530 |
| $500,000 | $23,989 |
Discretionary Income in Des Moines, 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
Des Moines, IA is ranked 142nd 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 Des Moines, IA
Gross Salary
$8,333
Taxes
$1,657
Cost of Living
$2,271
Discretionary Income
$4,405
With a gross annual salary of $100,000 in Des Moines, IA, a single person would need to deduct approximately $1,657 per month for taxes. Considering the average cost of living in Des Moines is $2,271, singles would have around $4,405 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Des Moines, IA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Des Moines, IA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Des Moines, IA |
|---|---|
| $30,000 | -$34 |
| $40,000 | $650 |
| $50,000 | $1,334 |
| $60,000 | $2,005 |
| $70,000 | $2,605 |
| $80,000 | $3,205 |
| $90,000 | $3,805 |
| $100,000 | $4,405 |
| $110,000 | $5,004 |
| $120,000 | $5,587 |
| $130,000 | $6,170 |
| $140,000 | $6,754 |
| $150,000 | $7,337 |
| $175,000 | $8,795 |
| $200,000 | $10,227 |
| $250,000 | $12,798 |
| $300,000 | $15,256 |
| $350,000 | $17,715 |
| $400,000 | $20,173 |
| $450,000 | $22,631 |
| $500,000 | $25,090 |
Discretionary Income in Des Moines, 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
Des Moines, IA is ranked 111th 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 Des Moines, IA
Gross Salary
$8,333
Taxes
$1,657
Cost of Living
$3,385
Discretionary Income
$3,291
With a gross annual salary of $100,000 in Des Moines, IA, a couple would need to deduct approximately $1,657 per month for taxes. Considering the average cost of living in Des Moines is $3,385, couples would have around $3,291 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Des Moines, IA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Des Moines, IA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Des Moines, IA |
|---|---|
| $30,000 | -$1,148 |
| $40,000 | -$463 |
| $50,000 | $220 |
| $60,000 | $891 |
| $70,000 | $1,491 |
| $80,000 | $2,091 |
| $90,000 | $2,691 |
| $100,000 | $3,291 |
| $110,000 | $3,890 |
| $120,000 | $4,473 |
| $130,000 | $5,057 |
| $140,000 | $5,640 |
| $150,000 | $6,223 |
| $175,000 | $7,682 |
| $200,000 | $9,113 |
| $250,000 | $11,684 |
| $300,000 | $14,143 |
| $350,000 | $16,601 |
| $400,000 | $18,994 |
| $450,000 | $21,369 |
| $500,000 | $23,744 |
Discretionary Income in Des Moines, 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
Des Moines, IA is ranked 106th 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 Des Moines, IA
Gross Salary
$8,333
Taxes
$1,396
Cost of Living
$3,263
Discretionary Income
$3,674
With a gross annual salary of $100,000 in Des Moines, IA, a single parent would need to deduct approximately $1,396 per month for taxes. Considering the average cost of living in Des Moines is $3,263, single parents would have around $3,674 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Des Moines, IA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Des Moines, IA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Des Moines, IA |
|---|---|
| $30,000 | -$959 |
| $40,000 | -$264 |
| $50,000 | $419 |
| $60,000 | $1,102 |
| $70,000 | $1,786 |
| $80,000 | $2,469 |
| $90,000 | $3,074 |
| $100,000 | $3,674 |
| $110,000 | $4,274 |
| $120,000 | $4,868 |
| $130,000 | $5,451 |
| $140,000 | $6,035 |
| $150,000 | $6,618 |
| $175,000 | $8,076 |
| $200,000 | $9,535 |
| $250,000 | $12,137 |
| $300,000 | $14,601 |
| $350,000 | $17,059 |
| $400,000 | $19,517 |
| $450,000 | $21,976 |
| $500,000 | $24,434 |
Discretionary Income in Des Moines, 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
Des Moines, IA is ranked 74th 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 Des Moines, IA
Gross Salary
$8,333
Taxes
$1,124
Cost of Living
$4,569
Discretionary Income
$2,641
With a gross annual salary of $100,000 in Des Moines, IA, a family would need to deduct approximately $1,124 per month for taxes. Considering the average cost of living in Des Moines is $4,569, families would have around $2,641 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Des Moines, IA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Des Moines, IA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Des Moines, IA |
|---|---|
| $30,000 | -$2,202 |
| $40,000 | -$1,494 |
| $50,000 | -$786 |
| $60,000 | -$95 |
| $70,000 | $591 |
| $80,000 | $1,274 |
| $90,000 | $1,957 |
| $100,000 | $2,641 |
| $110,000 | $3,324 |
| $120,000 | $3,983 |
| $130,000 | $4,583 |
| $140,000 | $5,183 |
| $150,000 | $5,783 |
| $175,000 | $7,283 |
| $200,000 | $8,783 |
| $250,000 | $11,731 |
| $300,000 | $14,648 |
| $350,000 | $17,564 |
| $400,000 | $20,427 |
| $450,000 | $23,010 |
| $500,000 | $25,569 |
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.