Discretionary Income in Raleigh, NC 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
Raleigh, NC is ranked 198th 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Raleigh, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$3,877
Discretionary Income
$2,893
With a gross annual salary of $100,000 in Raleigh, NC, you would need to deduct approximately $1,563 per month for taxes. Given that the average cost of living in Raleigh is $3,877, you would have around $2,893 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Raleigh, NC, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Raleigh, NC in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Raleigh, NC |
---|---|
$30,000 | -$1,633 |
$40,000 | -$937 |
$50,000 | -$241 |
$60,000 | $443 |
$70,000 | $1,055 |
$80,000 | $1,668 |
$90,000 | $2,280 |
$100,000 | $2,893 |
$110,000 | $3,504 |
$120,000 | $4,100 |
$130,000 | $4,696 |
$140,000 | $5,292 |
$150,000 | $5,887 |
$175,000 | $7,377 |
$200,000 | $8,840 |
$250,000 | $11,473 |
$300,000 | $13,994 |
$350,000 | $16,515 |
$400,000 | $19,036 |
$450,000 | $21,557 |
$500,000 | $24,077 |
Discretionary Income in Raleigh, NC 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
Raleigh, NC is ranked 196th 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Raleigh, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$2,582
Discretionary Income
$4,188
With a gross annual salary of $100,000 in Raleigh, NC, a single person would need to deduct approximately $1,563 per month for taxes. Considering the average cost of living in Raleigh is $2,582, singles would have around $4,188 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Raleigh, NC, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Raleigh, NC in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Raleigh, NC |
---|---|
$30,000 | -$337 |
$40,000 | $358 |
$50,000 | $1,054 |
$60,000 | $1,738 |
$70,000 | $2,351 |
$80,000 | $2,963 |
$90,000 | $3,576 |
$100,000 | $4,188 |
$110,000 | $4,799 |
$120,000 | $5,395 |
$130,000 | $5,991 |
$140,000 | $6,587 |
$150,000 | $7,183 |
$175,000 | $8,672 |
$200,000 | $10,135 |
$250,000 | $12,768 |
$300,000 | $15,289 |
$350,000 | $17,810 |
$400,000 | $20,331 |
$450,000 | $22,852 |
$500,000 | $25,373 |
Discretionary Income in Raleigh, NC 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
Raleigh, NC is ranked 197th 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Raleigh, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$3,829
Discretionary Income
$2,941
With a gross annual salary of $100,000 in Raleigh, NC, a couple would need to deduct approximately $1,563 per month for taxes. Considering the average cost of living in Raleigh is $3,829, couples would have around $2,941 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Raleigh, NC, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Raleigh, NC in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Raleigh, NC |
---|---|
$30,000 | -$1,585 |
$40,000 | -$889 |
$50,000 | -$193 |
$60,000 | $491 |
$70,000 | $1,103 |
$80,000 | $1,716 |
$90,000 | $2,328 |
$100,000 | $2,941 |
$110,000 | $3,552 |
$120,000 | $4,148 |
$130,000 | $4,743 |
$140,000 | $5,339 |
$150,000 | $5,935 |
$175,000 | $7,425 |
$200,000 | $8,887 |
$250,000 | $11,521 |
$300,000 | $14,042 |
$350,000 | $16,563 |
$400,000 | $19,018 |
$450,000 | $21,455 |
$500,000 | $23,893 |
Discretionary Income in Raleigh, NC 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
Raleigh, NC is ranked 198th 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Raleigh, NC
Gross Salary
$8,333
Taxes
$1,302
Cost of Living
$3,776
Discretionary Income
$3,255
With a gross annual salary of $100,000 in Raleigh, NC, a single parent would need to deduct approximately $1,302 per month for taxes. Considering the average cost of living in Raleigh is $3,776, single parents would have around $3,255 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Raleigh, NC, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Raleigh, NC in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Raleigh, NC |
---|---|
$30,000 | -$1,466 |
$40,000 | -$759 |
$50,000 | -$63 |
$60,000 | $633 |
$70,000 | $1,329 |
$80,000 | $2,024 |
$90,000 | $2,642 |
$100,000 | $3,255 |
$110,000 | $3,867 |
$120,000 | $4,473 |
$130,000 | $5,069 |
$140,000 | $5,665 |
$150,000 | $6,261 |
$175,000 | $7,750 |
$200,000 | $9,240 |
$250,000 | $11,905 |
$300,000 | $14,431 |
$350,000 | $16,952 |
$400,000 | $19,473 |
$450,000 | $21,994 |
$500,000 | $24,514 |
Discretionary Income in Raleigh, NC 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
Raleigh, NC is ranked 203rd 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Raleigh, NC
Gross Salary
$8,333
Taxes
$1,061
Cost of Living
$5,320
Discretionary Income
$1,952
With a gross annual salary of $100,000 in Raleigh, NC, a family would need to deduct approximately $1,061 per month for taxes. Considering the average cost of living in Raleigh is $5,320, families would have around $1,952 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Raleigh, NC, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Raleigh, NC in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Raleigh, NC |
---|---|
$30,000 | -$2,952 |
$40,000 | -$2,239 |
$50,000 | -$1,527 |
$60,000 | -$832 |
$70,000 | -$136 |
$80,000 | $560 |
$90,000 | $1,256 |
$100,000 | $1,952 |
$110,000 | $2,648 |
$120,000 | $3,320 |
$130,000 | $3,932 |
$140,000 | $4,545 |
$150,000 | $5,157 |
$175,000 | $6,688 |
$200,000 | $8,220 |
$250,000 | $11,230 |
$300,000 | $14,209 |
$350,000 | $17,188 |
$400,000 | $20,113 |
$450,000 | $22,759 |
$500,000 | $25,380 |
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.