Discretionary Income in Westminster, CO 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
Westminster, CO is ranked 244th 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 Westminster, CO
Gross Salary
$8,333
Taxes
$1,555
Cost of Living
$4,275
Discretionary Income
$2,504
With a gross annual salary of $100,000 in Westminster, CO, you would need to deduct approximately $1,555 per month for taxes. Given that the average cost of living in Westminster is $4,275, you would have around $2,504 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Westminster, CO, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Westminster, CO in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Westminster, CO |
---|---|
$30,000 | -$2,028 |
$40,000 | -$1,331 |
$50,000 | -$635 |
$60,000 | $50 |
$70,000 | $664 |
$80,000 | $1,277 |
$90,000 | $1,890 |
$100,000 | $2,504 |
$110,000 | $3,116 |
$120,000 | $3,712 |
$130,000 | $4,309 |
$140,000 | $4,906 |
$150,000 | $5,502 |
$175,000 | $6,994 |
$200,000 | $8,459 |
$250,000 | $11,096 |
$300,000 | $13,621 |
$350,000 | $16,146 |
$400,000 | $18,671 |
$450,000 | $21,196 |
$500,000 | $23,721 |
Discretionary Income in Westminster, CO 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
Westminster, CO is ranked 238th 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 Westminster, CO
Gross Salary
$8,333
Taxes
$1,555
Cost of Living
$2,810
Discretionary Income
$3,969
With a gross annual salary of $100,000 in Westminster, CO, a single person would need to deduct approximately $1,555 per month for taxes. Considering the average cost of living in Westminster is $2,810, singles would have around $3,969 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Westminster, CO, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Westminster, CO in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Westminster, CO |
---|---|
$30,000 | -$563 |
$40,000 | $134 |
$50,000 | $831 |
$60,000 | $1,515 |
$70,000 | $2,129 |
$80,000 | $2,742 |
$90,000 | $3,355 |
$100,000 | $3,969 |
$110,000 | $4,581 |
$120,000 | $5,177 |
$130,000 | $5,774 |
$140,000 | $6,371 |
$150,000 | $6,967 |
$175,000 | $8,459 |
$200,000 | $9,924 |
$250,000 | $12,562 |
$300,000 | $15,087 |
$350,000 | $17,612 |
$400,000 | $20,137 |
$450,000 | $22,662 |
$500,000 | $25,187 |
Discretionary Income in Westminster, CO 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
Westminster, CO is ranked 238th 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 Westminster, CO
Gross Salary
$8,333
Taxes
$1,555
Cost of Living
$4,186
Discretionary Income
$2,592
With a gross annual salary of $100,000 in Westminster, CO, a couple would need to deduct approximately $1,555 per month for taxes. Considering the average cost of living in Westminster is $4,186, couples would have around $2,592 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Westminster, CO, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Westminster, CO in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Westminster, CO |
---|---|
$30,000 | -$1,939 |
$40,000 | -$1,242 |
$50,000 | -$546 |
$60,000 | $139 |
$70,000 | $752 |
$80,000 | $1,366 |
$90,000 | $1,979 |
$100,000 | $2,592 |
$110,000 | $3,204 |
$120,000 | $3,801 |
$130,000 | $4,398 |
$140,000 | $4,994 |
$150,000 | $5,591 |
$175,000 | $7,083 |
$200,000 | $8,547 |
$250,000 | $11,185 |
$300,000 | $13,710 |
$350,000 | $16,235 |
$400,000 | $18,695 |
$450,000 | $21,136 |
$500,000 | $23,578 |
Discretionary Income in Westminster, CO 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
Westminster, CO is ranked 244th 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 Westminster, CO
Gross Salary
$8,333
Taxes
$1,294
Cost of Living
$4,158
Discretionary Income
$2,881
With a gross annual salary of $100,000 in Westminster, CO, a single parent would need to deduct approximately $1,294 per month for taxes. Considering the average cost of living in Westminster is $4,158, single parents would have around $2,881 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Westminster, CO, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Westminster, CO in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Westminster, CO |
---|---|
$30,000 | -$1,845 |
$40,000 | -$1,138 |
$50,000 | -$441 |
$60,000 | $256 |
$70,000 | $952 |
$80,000 | $1,649 |
$90,000 | $2,268 |
$100,000 | $2,881 |
$110,000 | $3,495 |
$120,000 | $4,101 |
$130,000 | $4,698 |
$140,000 | $5,295 |
$150,000 | $5,891 |
$175,000 | $7,383 |
$200,000 | $8,875 |
$250,000 | $11,544 |
$300,000 | $14,074 |
$350,000 | $16,599 |
$400,000 | $19,124 |
$450,000 | $21,649 |
$500,000 | $24,174 |
Discretionary Income in Westminster, CO 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
Westminster, CO is ranked 263rd 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 Westminster, CO
Gross Salary
$8,333
Taxes
$1,053
Cost of Living
$5,945
Discretionary Income
$1,335
With a gross annual salary of $100,000 in Westminster, CO, a family would need to deduct approximately $1,053 per month for taxes. Considering the average cost of living in Westminster is $5,945, families would have around $1,335 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Westminster, CO, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Westminster, CO in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Westminster, CO |
---|---|
$30,000 | -$3,574 |
$40,000 | -$2,861 |
$50,000 | -$2,148 |
$60,000 | -$1,452 |
$70,000 | -$755 |
$80,000 | -$58 |
$90,000 | $638 |
$100,000 | $1,335 |
$110,000 | $2,032 |
$120,000 | $2,705 |
$130,000 | $3,318 |
$140,000 | $3,931 |
$150,000 | $4,545 |
$175,000 | $6,078 |
$200,000 | $7,611 |
$250,000 | $10,625 |
$300,000 | $13,609 |
$350,000 | $16,592 |
$400,000 | $19,521 |
$450,000 | $22,171 |
$500,000 | $24,797 |
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.