Discretionary Income in Los Angeles, CA 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
Los Angeles, CA is ranked 318th 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 the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Los Angeles, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$5,524
Discretionary Income
$1,133
With a gross annual salary of $100,000 in Los Angeles, CA, you would need to deduct approximately $1,677 per month for taxes. Given that the average cost of living in Los Angeles is $5,524, you would have around $1,133 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Los Angeles, CA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Los Angeles, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Los Angeles, CA |
|---|---|
| $30,000 | -$3,217 |
| $40,000 | -$2,519 |
| $50,000 | -$1,836 |
| $60,000 | -$1,174 |
| $70,000 | -$592 |
| $80,000 | -$17 |
| $90,000 | $558 |
| $100,000 | $1,133 |
| $110,000 | $1,707 |
| $120,000 | $2,265 |
| $130,000 | $2,823 |
| $140,000 | $3,382 |
| $150,000 | $3,940 |
| $175,000 | $5,336 |
| $200,000 | $6,705 |
| $250,000 | $9,151 |
| $300,000 | $11,484 |
| $350,000 | $13,817 |
| $400,000 | $16,108 |
| $450,000 | $18,374 |
| $500,000 | $20,624 |
Discretionary Income in Los Angeles, CA 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
Los Angeles, CA is ranked 319th 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 the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Los Angeles, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$3,676
Discretionary Income
$2,981
With a gross annual salary of $100,000 in Los Angeles, CA, a single person would need to deduct approximately $1,677 per month for taxes. Considering the average cost of living in Los Angeles is $3,676, singles would have around $2,981 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Los Angeles, CA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Los Angeles, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Los Angeles, CA |
|---|---|
| $30,000 | -$1,369 |
| $40,000 | -$671 |
| $50,000 | $13 |
| $60,000 | $674 |
| $70,000 | $1,256 |
| $80,000 | $1,831 |
| $90,000 | $2,406 |
| $100,000 | $2,981 |
| $110,000 | $3,555 |
| $120,000 | $4,113 |
| $130,000 | $4,672 |
| $140,000 | $5,230 |
| $150,000 | $5,788 |
| $175,000 | $7,184 |
| $200,000 | $8,553 |
| $250,000 | $10,999 |
| $300,000 | $13,332 |
| $350,000 | $15,665 |
| $400,000 | $17,957 |
| $450,000 | $20,222 |
| $500,000 | $22,472 |
Discretionary Income in Los Angeles, CA 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
Los Angeles, CA is ranked 316th 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 the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Los Angeles, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$5,497
Discretionary Income
$1,160
With a gross annual salary of $100,000 in Los Angeles, CA, a couple would need to deduct approximately $1,677 per month for taxes. Considering the average cost of living in Los Angeles is $5,497, couples would have around $1,160 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Los Angeles, CA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Los Angeles, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Los Angeles, CA |
|---|---|
| $30,000 | -$3,190 |
| $40,000 | -$2,492 |
| $50,000 | -$1,809 |
| $60,000 | -$1,147 |
| $70,000 | -$565 |
| $80,000 | $10 |
| $90,000 | $585 |
| $100,000 | $1,160 |
| $110,000 | $1,734 |
| $120,000 | $2,292 |
| $130,000 | $2,850 |
| $140,000 | $3,409 |
| $150,000 | $3,967 |
| $175,000 | $5,363 |
| $200,000 | $6,732 |
| $250,000 | $9,178 |
| $300,000 | $11,511 |
| $350,000 | $13,844 |
| $400,000 | $16,070 |
| $450,000 | $18,252 |
| $500,000 | $20,419 |
Discretionary Income in Los Angeles, CA 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
Los Angeles, CA is ranked 318th 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 the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Los Angeles, CA
Gross Salary
$8,333
Taxes
$1,415
Cost of Living
$5,385
Discretionary Income
$1,533
With a gross annual salary of $100,000 in Los Angeles, CA, a single parent would need to deduct approximately $1,415 per month for taxes. Considering the average cost of living in Los Angeles is $5,385, single parents would have around $1,533 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Los Angeles, CA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Los Angeles, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Los Angeles, CA |
|---|---|
| $30,000 | -$3,012 |
| $40,000 | -$2,303 |
| $50,000 | -$1,620 |
| $60,000 | -$946 |
| $70,000 | -$281 |
| $80,000 | $378 |
| $90,000 | $958 |
| $100,000 | $1,533 |
| $110,000 | $2,108 |
| $120,000 | $2,677 |
| $130,000 | $3,235 |
| $140,000 | $3,793 |
| $150,000 | $4,352 |
| $175,000 | $5,747 |
| $200,000 | $7,143 |
| $250,000 | $9,621 |
| $300,000 | $11,959 |
| $350,000 | $14,292 |
| $400,000 | $16,584 |
| $450,000 | $18,849 |
| $500,000 | $21,099 |
Discretionary Income in Los Angeles, CA 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
Los Angeles, CA is ranked 317th 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 the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Los Angeles, CA
Gross Salary
$8,333
Taxes
$957
Cost of Living
$7,537
Discretionary Income
-$161
With a gross annual salary of $100,000 in Los Angeles, CA, a family would need to deduct approximately $957 per month for taxes. Considering the average cost of living in Los Angeles is $7,537, families would have around -$161 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Los Angeles, CA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Los Angeles, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Los Angeles, CA |
|---|---|
| $30,000 | -$5,089 |
| $40,000 | -$4,356 |
| $50,000 | -$3,624 |
| $60,000 | -$2,924 |
| $70,000 | -$2,224 |
| $80,000 | -$1,527 |
| $90,000 | -$844 |
| $100,000 | -$161 |
| $110,000 | $519 |
| $120,000 | $1,162 |
| $130,000 | $1,746 |
| $140,000 | $2,326 |
| $150,000 | $2,901 |
| $175,000 | $4,339 |
| $200,000 | $5,776 |
| $250,000 | $8,599 |
| $300,000 | $11,390 |
| $350,000 | $14,182 |
| $400,000 | $16,920 |
| $450,000 | $19,378 |
| $500,000 | $21,812 |
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.