Discretionary Income in New Haven, CT 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
New Haven, CT is ranked 224th 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 New Haven, CT
Gross Salary
$8,333
Taxes
$1,622
Cost of Living
$4,007
Discretionary Income
$2,704
With a gross annual salary of $100,000 in New Haven, CT, you would need to deduct approximately $1,622 per month for taxes. Given that the average cost of living in New Haven is $4,007, you would have around $2,704 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Haven, CT, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in New Haven, CT in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in New Haven, CT |
---|---|
$30,000 | -$1,750 |
$40,000 | -$1,059 |
$50,000 | -$367 |
$60,000 | $304 |
$70,000 | $904 |
$80,000 | $1,504 |
$90,000 | $2,104 |
$100,000 | $2,704 |
$110,000 | $3,303 |
$120,000 | $3,886 |
$130,000 | $4,470 |
$140,000 | $5,053 |
$150,000 | $5,636 |
$175,000 | $7,095 |
$200,000 | $8,526 |
$250,000 | $11,056 |
$300,000 | $13,472 |
$350,000 | $15,889 |
$400,000 | $18,306 |
$450,000 | $20,722 |
$500,000 | $23,139 |
Discretionary Income in New Haven, CT 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
New Haven, CT is ranked 223rd 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 New Haven, CT
Gross Salary
$8,333
Taxes
$1,622
Cost of Living
$2,658
Discretionary Income
$4,053
With a gross annual salary of $100,000 in New Haven, CT, a single person would need to deduct approximately $1,622 per month for taxes. Considering the average cost of living in New Haven is $2,658, singles would have around $4,053 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Haven, CT, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in New Haven, CT in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in New Haven, CT |
---|---|
$30,000 | -$401 |
$40,000 | $290 |
$50,000 | $982 |
$60,000 | $1,653 |
$70,000 | $2,253 |
$80,000 | $2,853 |
$90,000 | $3,453 |
$100,000 | $4,053 |
$110,000 | $4,652 |
$120,000 | $5,235 |
$130,000 | $5,819 |
$140,000 | $6,402 |
$150,000 | $6,985 |
$175,000 | $8,444 |
$200,000 | $9,875 |
$250,000 | $12,404 |
$300,000 | $14,821 |
$350,000 | $17,238 |
$400,000 | $19,654 |
$450,000 | $22,071 |
$500,000 | $24,488 |
Discretionary Income in New Haven, CT 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
New Haven, CT is ranked 217th 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 New Haven, CT
Gross Salary
$8,333
Taxes
$1,622
Cost of Living
$3,924
Discretionary Income
$2,787
With a gross annual salary of $100,000 in New Haven, CT, a couple would need to deduct approximately $1,622 per month for taxes. Considering the average cost of living in New Haven is $3,924, couples would have around $2,787 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Haven, CT, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in New Haven, CT in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in New Haven, CT |
---|---|
$30,000 | -$1,668 |
$40,000 | -$976 |
$50,000 | -$284 |
$60,000 | $387 |
$70,000 | $987 |
$80,000 | $1,587 |
$90,000 | $2,187 |
$100,000 | $2,787 |
$110,000 | $3,386 |
$120,000 | $3,969 |
$130,000 | $4,553 |
$140,000 | $5,136 |
$150,000 | $5,719 |
$175,000 | $7,178 |
$200,000 | $8,609 |
$250,000 | $11,138 |
$300,000 | $13,555 |
$350,000 | $15,972 |
$400,000 | $18,323 |
$450,000 | $20,656 |
$500,000 | $22,990 |
Discretionary Income in New Haven, CT 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
New Haven, CT is ranked 225th 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 New Haven, CT
Gross Salary
$8,333
Taxes
$1,360
Cost of Living
$3,904
Discretionary Income
$3,069
With a gross annual salary of $100,000 in New Haven, CT, a single parent would need to deduct approximately $1,360 per month for taxes. Considering the average cost of living in New Haven is $3,904, single parents would have around $3,069 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Haven, CT, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in New Haven, CT in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in New Haven, CT |
---|---|
$30,000 | -$1,581 |
$40,000 | -$878 |
$50,000 | -$187 |
$60,000 | $497 |
$70,000 | $1,180 |
$80,000 | $1,863 |
$90,000 | $2,469 |
$100,000 | $3,069 |
$110,000 | $3,669 |
$120,000 | $4,262 |
$130,000 | $4,846 |
$140,000 | $5,429 |
$150,000 | $6,012 |
$175,000 | $7,471 |
$200,000 | $8,929 |
$250,000 | $11,490 |
$300,000 | $13,912 |
$350,000 | $16,329 |
$400,000 | $18,745 |
$450,000 | $21,162 |
$500,000 | $23,579 |
Discretionary Income in New Haven, CT 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
New Haven, CT is ranked 226th 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 New Haven, CT
Gross Salary
$8,333
Taxes
$1,053
Cost of Living
$5,542
Discretionary Income
$1,738
With a gross annual salary of $100,000 in New Haven, CT, a family would need to deduct approximately $1,053 per month for taxes. Considering the average cost of living in New Haven is $5,542, families would have around $1,738 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Haven, CT, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in New Haven, CT in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in New Haven, CT |
---|---|
$30,000 | -$3,136 |
$40,000 | -$2,428 |
$50,000 | -$1,720 |
$60,000 | -$1,028 |
$70,000 | -$337 |
$80,000 | $355 |
$90,000 | $1,047 |
$100,000 | $1,738 |
$110,000 | $2,422 |
$120,000 | $3,081 |
$130,000 | $3,681 |
$140,000 | $4,281 |
$150,000 | $4,881 |
$175,000 | $6,381 |
$200,000 | $7,881 |
$250,000 | $10,829 |
$300,000 | $13,745 |
$350,000 | $16,662 |
$400,000 | $19,525 |
$450,000 | $22,066 |
$500,000 | $24,583 |
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.