Discretionary Income in Phoenix, AZ 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
Phoenix, AZ is ranked 135th 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 Phoenix, AZ
Gross Salary
$8,333
Taxes
$1,397
Cost of Living
$3,746
Discretionary Income
$3,191
With a gross annual salary of $100,000 in Phoenix, AZ, you would need to deduct approximately $1,397 per month for taxes. Given that the average cost of living in Phoenix is $3,746, you would have around $3,191 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Phoenix, AZ, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Phoenix, AZ in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Phoenix, AZ |
---|---|
$30,000 | -$1,451 |
$40,000 | -$739 |
$50,000 | -$26 |
$60,000 | $674 |
$70,000 | $1,303 |
$80,000 | $1,933 |
$90,000 | $2,562 |
$100,000 | $3,191 |
$110,000 | $3,819 |
$120,000 | $4,431 |
$130,000 | $5,044 |
$140,000 | $5,656 |
$150,000 | $6,269 |
$175,000 | $7,800 |
$200,000 | $9,304 |
$250,000 | $12,021 |
$300,000 | $14,625 |
$350,000 | $17,230 |
$400,000 | $19,834 |
$450,000 | $22,438 |
$500,000 | $25,042 |
Discretionary Income in Phoenix, AZ 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
Phoenix, AZ is ranked 133rd 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 Phoenix, AZ
Gross Salary
$8,333
Taxes
$1,397
Cost of Living
$2,515
Discretionary Income
$4,422
With a gross annual salary of $100,000 in Phoenix, AZ, a single person would need to deduct approximately $1,397 per month for taxes. Considering the average cost of living in Phoenix is $2,515, singles would have around $4,422 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Phoenix, AZ, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Phoenix, AZ in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Phoenix, AZ |
---|---|
$30,000 | -$220 |
$40,000 | $492 |
$50,000 | $1,205 |
$60,000 | $1,905 |
$70,000 | $2,534 |
$80,000 | $3,164 |
$90,000 | $3,793 |
$100,000 | $4,422 |
$110,000 | $5,050 |
$120,000 | $5,662 |
$130,000 | $6,275 |
$140,000 | $6,887 |
$150,000 | $7,500 |
$175,000 | $9,031 |
$200,000 | $10,535 |
$250,000 | $13,252 |
$300,000 | $15,856 |
$350,000 | $18,461 |
$400,000 | $21,065 |
$450,000 | $23,669 |
$500,000 | $26,273 |
Discretionary Income in Phoenix, AZ 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
Phoenix, AZ is ranked 137th 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 Phoenix, AZ
Gross Salary
$8,333
Taxes
$1,397
Cost of Living
$3,733
Discretionary Income
$3,204
With a gross annual salary of $100,000 in Phoenix, AZ, a couple would need to deduct approximately $1,397 per month for taxes. Considering the average cost of living in Phoenix is $3,733, couples would have around $3,204 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Phoenix, AZ, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Phoenix, AZ in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Phoenix, AZ |
---|---|
$30,000 | -$1,438 |
$40,000 | -$726 |
$50,000 | -$13 |
$60,000 | $687 |
$70,000 | $1,317 |
$80,000 | $1,946 |
$90,000 | $2,575 |
$100,000 | $3,204 |
$110,000 | $3,832 |
$120,000 | $4,444 |
$130,000 | $5,057 |
$140,000 | $5,669 |
$150,000 | $6,282 |
$175,000 | $7,813 |
$200,000 | $9,317 |
$250,000 | $12,034 |
$300,000 | $14,639 |
$350,000 | $17,243 |
$400,000 | $19,781 |
$450,000 | $22,302 |
$500,000 | $24,823 |
Discretionary Income in Phoenix, AZ 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
Phoenix, AZ is ranked 140th 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 Phoenix, AZ
Gross Salary
$8,333
Taxes
$1,135
Cost of Living
$3,678
Discretionary Income
$3,520
With a gross annual salary of $100,000 in Phoenix, AZ, a single parent would need to deduct approximately $1,135 per month for taxes. Considering the average cost of living in Phoenix is $3,678, single parents would have around $3,520 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Phoenix, AZ, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Phoenix, AZ in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Phoenix, AZ |
---|---|
$30,000 | -$1,317 |
$40,000 | -$594 |
$50,000 | $119 |
$60,000 | $831 |
$70,000 | $1,544 |
$80,000 | $2,256 |
$90,000 | $2,891 |
$100,000 | $3,520 |
$110,000 | $4,149 |
$120,000 | $4,772 |
$130,000 | $5,385 |
$140,000 | $5,997 |
$150,000 | $6,610 |
$175,000 | $8,141 |
$200,000 | $9,672 |
$250,000 | $12,421 |
$300,000 | $15,030 |
$350,000 | $17,634 |
$400,000 | $20,238 |
$450,000 | $22,842 |
$500,000 | $25,447 |
Discretionary Income in Phoenix, AZ 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
Phoenix, AZ is ranked 127th 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 Phoenix, AZ
Gross Salary
$8,333
Taxes
$895
Cost of Living
$5,057
Discretionary Income
$2,381
With a gross annual salary of $100,000 in Phoenix, AZ, a family would need to deduct approximately $895 per month for taxes. Considering the average cost of living in Phoenix is $5,057, families would have around $2,381 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Phoenix, AZ, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Phoenix, AZ in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Phoenix, AZ |
---|---|
$30,000 | -$2,639 |
$40,000 | -$1,910 |
$50,000 | -$1,181 |
$60,000 | -$469 |
$70,000 | $244 |
$80,000 | $956 |
$90,000 | $1,669 |
$100,000 | $2,381 |
$110,000 | $3,094 |
$120,000 | $3,782 |
$130,000 | $4,412 |
$140,000 | $5,041 |
$150,000 | $5,670 |
$175,000 | $7,243 |
$200,000 | $8,816 |
$250,000 | $11,909 |
$300,000 | $14,972 |
$350,000 | $18,034 |
$400,000 | $21,043 |
$450,000 | $23,772 |
$500,000 | $26,476 |
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.