Discretionary Income in New Orleans, LA 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 Orleans, LA is ranked 226th 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 Orleans, LA
Gross Salary
$8,333
Taxes
$1,501
Cost of Living
$4,140
Discretionary Income
$2,693
With a gross annual salary of $100,000 in New Orleans, LA, you would need to deduct approximately $1,501 per month for taxes. Given that the average cost of living in New Orleans is $4,140, you would have around $2,693 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Orleans, LA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in New Orleans, LA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in New Orleans, LA |
|---|---|
| $30,000 | -$1,862 |
| $40,000 | -$1,162 |
| $50,000 | -$462 |
| $60,000 | $226 |
| $70,000 | $843 |
| $80,000 | $1,459 |
| $90,000 | $2,076 |
| $100,000 | $2,693 |
| $110,000 | $3,308 |
| $120,000 | $3,908 |
| $130,000 | $4,508 |
| $140,000 | $5,108 |
| $150,000 | $5,708 |
| $175,000 | $7,208 |
| $200,000 | $8,681 |
| $250,000 | $11,335 |
| $300,000 | $13,877 |
| $350,000 | $16,419 |
| $400,000 | $18,960 |
| $450,000 | $21,502 |
| $500,000 | $24,044 |
Discretionary Income in New Orleans, LA 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 Orleans, LA is ranked 211th 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 Orleans, LA
Gross Salary
$8,333
Taxes
$1,501
Cost of Living
$2,721
Discretionary Income
$4,111
With a gross annual salary of $100,000 in New Orleans, LA, a single person would need to deduct approximately $1,501 per month for taxes. Considering the average cost of living in New Orleans is $2,721, singles would have around $4,111 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Orleans, LA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in New Orleans, LA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in New Orleans, LA |
|---|---|
| $30,000 | -$444 |
| $40,000 | $256 |
| $50,000 | $956 |
| $60,000 | $1,644 |
| $70,000 | $2,261 |
| $80,000 | $2,878 |
| $90,000 | $3,494 |
| $100,000 | $4,111 |
| $110,000 | $4,726 |
| $120,000 | $5,326 |
| $130,000 | $5,926 |
| $140,000 | $6,526 |
| $150,000 | $7,126 |
| $175,000 | $8,626 |
| $200,000 | $10,099 |
| $250,000 | $12,754 |
| $300,000 | $15,295 |
| $350,000 | $17,837 |
| $400,000 | $20,379 |
| $450,000 | $22,920 |
| $500,000 | $25,462 |
Discretionary Income in New Orleans, LA 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 Orleans, LA is ranked 219th 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 Orleans, LA
Gross Salary
$8,333
Taxes
$1,501
Cost of Living
$4,056
Discretionary Income
$2,777
With a gross annual salary of $100,000 in New Orleans, LA, a couple would need to deduct approximately $1,501 per month for taxes. Considering the average cost of living in New Orleans is $4,056, couples would have around $2,777 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Orleans, LA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in New Orleans, LA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in New Orleans, LA |
|---|---|
| $30,000 | -$1,778 |
| $40,000 | -$1,078 |
| $50,000 | -$378 |
| $60,000 | $310 |
| $70,000 | $927 |
| $80,000 | $1,543 |
| $90,000 | $2,160 |
| $100,000 | $2,777 |
| $110,000 | $3,392 |
| $120,000 | $3,992 |
| $130,000 | $4,592 |
| $140,000 | $5,192 |
| $150,000 | $5,792 |
| $175,000 | $7,292 |
| $200,000 | $8,765 |
| $250,000 | $11,420 |
| $300,000 | $13,961 |
| $350,000 | $16,503 |
| $400,000 | $18,979 |
| $450,000 | $21,437 |
| $500,000 | $23,896 |
Discretionary Income in New Orleans, LA 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 Orleans, LA is ranked 224th 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 Orleans, LA
Gross Salary
$8,333
Taxes
$1,240
Cost of Living
$4,024
Discretionary Income
$3,070
With a gross annual salary of $100,000 in New Orleans, LA, a single parent would need to deduct approximately $1,240 per month for taxes. Considering the average cost of living in New Orleans is $4,024, single parents would have around $3,070 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Orleans, LA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in New Orleans, LA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in New Orleans, LA |
|---|---|
| $30,000 | -$1,680 |
| $40,000 | -$969 |
| $50,000 | -$269 |
| $60,000 | $431 |
| $70,000 | $1,131 |
| $80,000 | $1,831 |
| $90,000 | $2,453 |
| $100,000 | $3,070 |
| $110,000 | $3,687 |
| $120,000 | $4,297 |
| $130,000 | $4,897 |
| $140,000 | $5,497 |
| $150,000 | $6,097 |
| $175,000 | $7,597 |
| $200,000 | $9,097 |
| $250,000 | $11,783 |
| $300,000 | $14,330 |
| $350,000 | $16,871 |
| $400,000 | $19,413 |
| $450,000 | $21,955 |
| $500,000 | $24,496 |
Discretionary Income in New Orleans, LA 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 Orleans, LA is ranked 247th 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 Orleans, LA
Gross Salary
$8,333
Taxes
$978
Cost of Living
$5,758
Discretionary Income
$1,597
With a gross annual salary of $100,000 in New Orleans, LA, a family would need to deduct approximately $978 per month for taxes. Considering the average cost of living in New Orleans is $5,758, families would have around $1,597 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Orleans, LA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in New Orleans, LA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in New Orleans, LA |
|---|---|
| $30,000 | -$3,336 |
| $40,000 | -$2,619 |
| $50,000 | -$1,903 |
| $60,000 | -$1,203 |
| $70,000 | -$503 |
| $80,000 | $197 |
| $90,000 | $897 |
| $100,000 | $1,597 |
| $110,000 | $2,297 |
| $120,000 | $2,973 |
| $130,000 | $3,590 |
| $140,000 | $4,207 |
| $150,000 | $4,823 |
| $175,000 | $6,365 |
| $200,000 | $7,907 |
| $250,000 | $10,937 |
| $300,000 | $13,937 |
| $350,000 | $16,937 |
| $400,000 | $19,883 |
| $450,000 | $22,550 |
| $500,000 | $25,192 |