Discretionary Income in Simi Valley, 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
Simi Valley, CA is ranked 301st 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 Simi Valley, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$4,988
Discretionary Income
$1,669
With a gross annual salary of $100,000 in Simi Valley, CA, you would need to deduct approximately $1,677 per month for taxes. Given that the average cost of living in Simi Valley is $4,988, you would have around $1,669 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Simi Valley, CA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Simi Valley, CA in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Simi Valley, CA |
---|---|
$30,000 | -$2,681 |
$40,000 | -$1,983 |
$50,000 | -$1,299 |
$60,000 | -$638 |
$70,000 | -$56 |
$80,000 | $519 |
$90,000 | $1,094 |
$100,000 | $1,669 |
$110,000 | $2,243 |
$120,000 | $2,801 |
$130,000 | $3,360 |
$140,000 | $3,918 |
$150,000 | $4,476 |
$175,000 | $5,872 |
$200,000 | $7,241 |
$250,000 | $9,687 |
$300,000 | $12,020 |
$350,000 | $14,353 |
$400,000 | $16,645 |
$450,000 | $18,910 |
$500,000 | $21,160 |
Discretionary Income in Simi Valley, 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
Simi Valley, CA is ranked 302nd 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 Simi Valley, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$3,321
Discretionary Income
$3,335
With a gross annual salary of $100,000 in Simi Valley, CA, a single person would need to deduct approximately $1,677 per month for taxes. Considering the average cost of living in Simi Valley is $3,321, singles would have around $3,335 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Simi Valley, CA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Simi Valley, CA in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Simi Valley, CA |
---|---|
$30,000 | -$1,015 |
$40,000 | -$317 |
$50,000 | $367 |
$60,000 | $1,028 |
$70,000 | $1,610 |
$80,000 | $2,185 |
$90,000 | $2,760 |
$100,000 | $3,335 |
$110,000 | $3,909 |
$120,000 | $4,467 |
$130,000 | $5,026 |
$140,000 | $5,584 |
$150,000 | $6,142 |
$175,000 | $7,538 |
$200,000 | $8,907 |
$250,000 | $11,353 |
$300,000 | $13,686 |
$350,000 | $16,019 |
$400,000 | $18,311 |
$450,000 | $20,577 |
$500,000 | $22,827 |
Discretionary Income in Simi Valley, 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
Simi Valley, CA is ranked 303rd 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 Simi Valley, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$4,965
Discretionary Income
$1,692
With a gross annual salary of $100,000 in Simi Valley, CA, a couple would need to deduct approximately $1,677 per month for taxes. Considering the average cost of living in Simi Valley is $4,965, couples would have around $1,692 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Simi Valley, CA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Simi Valley, CA in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Simi Valley, CA |
---|---|
$30,000 | -$2,658 |
$40,000 | -$1,960 |
$50,000 | -$1,277 |
$60,000 | -$615 |
$70,000 | -$33 |
$80,000 | $542 |
$90,000 | $1,117 |
$100,000 | $1,692 |
$110,000 | $2,266 |
$120,000 | $2,824 |
$130,000 | $3,382 |
$140,000 | $3,941 |
$150,000 | $4,499 |
$175,000 | $5,895 |
$200,000 | $7,264 |
$250,000 | $9,710 |
$300,000 | $12,043 |
$350,000 | $14,376 |
$400,000 | $16,602 |
$450,000 | $18,784 |
$500,000 | $20,951 |
Discretionary Income in Simi Valley, 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
Simi Valley, CA is ranked 305th 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 Simi Valley, CA
Gross Salary
$8,333
Taxes
$1,415
Cost of Living
$4,948
Discretionary Income
$1,970
With a gross annual salary of $100,000 in Simi Valley, CA, a single parent would need to deduct approximately $1,415 per month for taxes. Considering the average cost of living in Simi Valley is $4,948, single parents would have around $1,970 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Simi Valley, CA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Simi Valley, CA in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Simi Valley, CA |
---|---|
$30,000 | -$2,575 |
$40,000 | -$1,866 |
$50,000 | -$1,182 |
$60,000 | -$509 |
$70,000 | $156 |
$80,000 | $815 |
$90,000 | $1,395 |
$100,000 | $1,970 |
$110,000 | $2,545 |
$120,000 | $3,114 |
$130,000 | $3,672 |
$140,000 | $4,230 |
$150,000 | $4,789 |
$175,000 | $6,184 |
$200,000 | $7,580 |
$250,000 | $10,058 |
$300,000 | $12,396 |
$350,000 | $14,729 |
$400,000 | $17,021 |
$450,000 | $19,287 |
$500,000 | $21,537 |
Discretionary Income in Simi Valley, 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
Simi Valley, CA is ranked 295th 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 Simi Valley, CA
Gross Salary
$8,333
Taxes
$957
Cost of Living
$6,716
Discretionary Income
$661
With a gross annual salary of $100,000 in Simi Valley, CA, a family would need to deduct approximately $957 per month for taxes. Considering the average cost of living in Simi Valley is $6,716, families would have around $661 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Simi Valley, CA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Simi Valley, CA in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Simi Valley, CA |
---|---|
$30,000 | -$4,268 |
$40,000 | -$3,534 |
$50,000 | -$2,803 |
$60,000 | -$2,103 |
$70,000 | -$1,403 |
$80,000 | -$706 |
$90,000 | -$23 |
$100,000 | $661 |
$110,000 | $1,341 |
$120,000 | $1,984 |
$130,000 | $2,567 |
$140,000 | $3,148 |
$150,000 | $3,723 |
$175,000 | $5,160 |
$200,000 | $6,598 |
$250,000 | $9,420 |
$300,000 | $12,212 |
$350,000 | $15,003 |
$400,000 | $17,741 |
$450,000 | $20,199 |
$500,000 | $22,633 |
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.