Discretionary Income in Lexington, KY 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
Lexington, KY is ranked 96th 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 Lexington, KY
Gross Salary
$8,333
Taxes
$1,522
Cost of Living
$3,466
Discretionary Income
$3,346
With a gross annual salary of $100,000 in Lexington, KY, you would need to deduct approximately $1,522 per month for taxes. Given that the average cost of living in Lexington is $3,466, you would have around $3,346 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lexington, KY, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Lexington, KY in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Lexington, KY |
|---|---|
| $30,000 | -$1,209 |
| $40,000 | -$509 |
| $50,000 | $191 |
| $60,000 | $879 |
| $70,000 | $1,496 |
| $80,000 | $2,113 |
| $90,000 | $2,729 |
| $100,000 | $3,346 |
| $110,000 | $3,961 |
| $120,000 | $4,561 |
| $130,000 | $5,161 |
| $140,000 | $5,761 |
| $150,000 | $6,361 |
| $175,000 | $7,861 |
| $200,000 | $9,334 |
| $250,000 | $11,989 |
| $300,000 | $14,530 |
| $350,000 | $17,072 |
| $400,000 | $19,614 |
| $450,000 | $22,155 |
| $500,000 | $24,697 |
Discretionary Income in Lexington, KY 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
Lexington, KY is ranked 99th 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 Lexington, KY
Gross Salary
$8,333
Taxes
$1,522
Cost of Living
$2,290
Discretionary Income
$4,521
With a gross annual salary of $100,000 in Lexington, KY, a single person would need to deduct approximately $1,522 per month for taxes. Considering the average cost of living in Lexington is $2,290, singles would have around $4,521 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lexington, KY, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Lexington, KY in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Lexington, KY |
|---|---|
| $30,000 | -$33 |
| $40,000 | $667 |
| $50,000 | $1,367 |
| $60,000 | $2,055 |
| $70,000 | $2,671 |
| $80,000 | $3,288 |
| $90,000 | $3,905 |
| $100,000 | $4,521 |
| $110,000 | $5,137 |
| $120,000 | $5,737 |
| $130,000 | $6,337 |
| $140,000 | $6,937 |
| $150,000 | $7,537 |
| $175,000 | $9,037 |
| $200,000 | $10,510 |
| $250,000 | $13,164 |
| $300,000 | $15,706 |
| $350,000 | $18,248 |
| $400,000 | $20,789 |
| $450,000 | $23,331 |
| $500,000 | $25,873 |
Discretionary Income in Lexington, KY 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
Lexington, KY is ranked 86th 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 Lexington, KY
Gross Salary
$8,333
Taxes
$1,522
Cost of Living
$3,416
Discretionary Income
$3,396
With a gross annual salary of $100,000 in Lexington, KY, a couple would need to deduct approximately $1,522 per month for taxes. Considering the average cost of living in Lexington is $3,416, couples would have around $3,396 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lexington, KY, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Lexington, KY in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Lexington, KY |
|---|---|
| $30,000 | -$1,159 |
| $40,000 | -$459 |
| $50,000 | $241 |
| $60,000 | $929 |
| $70,000 | $1,546 |
| $80,000 | $2,162 |
| $90,000 | $2,779 |
| $100,000 | $3,396 |
| $110,000 | $4,011 |
| $120,000 | $4,611 |
| $130,000 | $5,211 |
| $140,000 | $5,811 |
| $150,000 | $6,411 |
| $175,000 | $7,911 |
| $200,000 | $9,384 |
| $250,000 | $12,038 |
| $300,000 | $14,580 |
| $350,000 | $17,122 |
| $400,000 | $19,598 |
| $450,000 | $22,056 |
| $500,000 | $24,515 |
Discretionary Income in Lexington, KY 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
Lexington, KY is ranked 104th 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 Lexington, KY
Gross Salary
$8,333
Taxes
$1,260
Cost of Living
$3,393
Discretionary Income
$3,680
With a gross annual salary of $100,000 in Lexington, KY, a single parent would need to deduct approximately $1,260 per month for taxes. Considering the average cost of living in Lexington is $3,393, single parents would have around $3,680 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lexington, KY, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Lexington, KY in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Lexington, KY |
|---|---|
| $30,000 | -$1,069 |
| $40,000 | -$359 |
| $50,000 | $341 |
| $60,000 | $1,041 |
| $70,000 | $1,741 |
| $80,000 | $2,441 |
| $90,000 | $3,063 |
| $100,000 | $3,680 |
| $110,000 | $4,297 |
| $120,000 | $4,907 |
| $130,000 | $5,507 |
| $140,000 | $6,107 |
| $150,000 | $6,707 |
| $175,000 | $8,207 |
| $200,000 | $9,707 |
| $250,000 | $12,393 |
| $300,000 | $14,940 |
| $350,000 | $17,481 |
| $400,000 | $20,023 |
| $450,000 | $22,565 |
| $500,000 | $25,106 |
Discretionary Income in Lexington, KY 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
Lexington, KY is ranked 96th 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 Lexington, KY
Gross Salary
$8,333
Taxes
$1,020
Cost of Living
$4,764
Discretionary Income
$2,550
With a gross annual salary of $100,000 in Lexington, KY, a family would need to deduct approximately $1,020 per month for taxes. Considering the average cost of living in Lexington is $4,764, families would have around $2,550 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lexington, KY, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Lexington, KY in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Lexington, KY |
|---|---|
| $30,000 | -$2,383 |
| $40,000 | -$1,666 |
| $50,000 | -$950 |
| $60,000 | -$250 |
| $70,000 | $450 |
| $80,000 | $1,150 |
| $90,000 | $1,850 |
| $100,000 | $2,550 |
| $110,000 | $3,250 |
| $120,000 | $3,926 |
| $130,000 | $4,543 |
| $140,000 | $5,159 |
| $150,000 | $5,776 |
| $175,000 | $7,318 |
| $200,000 | $8,859 |
| $250,000 | $11,890 |
| $300,000 | $14,890 |
| $350,000 | $17,890 |
| $400,000 | $20,836 |
| $450,000 | $23,503 |
| $500,000 | $26,145 |
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.