Discretionary Income in New Bedford, MA 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 Bedford, MA is ranked 154th 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in New Bedford, MA
Gross Salary
$8,333
Taxes
$1,605
Cost of Living
$3,642
Discretionary Income
$3,086
With a gross annual salary of $100,000 in New Bedford, MA, you would need to deduct approximately $1,605 per month for taxes. Given that the average cost of living in New Bedford is $3,642, you would have around $3,086 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Bedford, MA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in New Bedford, MA in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in New Bedford, MA |
---|---|
$30,000 | -$1,410 |
$40,000 | -$718 |
$50,000 | -$27 |
$60,000 | $653 |
$70,000 | $1,261 |
$80,000 | $1,870 |
$90,000 | $2,478 |
$100,000 | $3,086 |
$110,000 | $3,693 |
$120,000 | $4,285 |
$130,000 | $4,877 |
$140,000 | $5,468 |
$150,000 | $6,060 |
$175,000 | $7,539 |
$200,000 | $8,991 |
$250,000 | $11,604 |
$300,000 | $14,104 |
$350,000 | $16,604 |
$400,000 | $19,104 |
$450,000 | $21,604 |
$500,000 | $24,104 |
Discretionary Income in New Bedford, MA 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 Bedford, MA is ranked 170th 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 Bedford, MA
Gross Salary
$8,333
Taxes
$1,605
Cost of Living
$2,409
Discretionary Income
$4,319
With a gross annual salary of $100,000 in New Bedford, MA, a single person would need to deduct approximately $1,605 per month for taxes. Considering the average cost of living in New Bedford is $2,409, singles would have around $4,319 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Bedford, MA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in New Bedford, MA in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in New Bedford, MA |
---|---|
$30,000 | -$178 |
$40,000 | $514 |
$50,000 | $1,206 |
$60,000 | $1,886 |
$70,000 | $2,494 |
$80,000 | $3,102 |
$90,000 | $3,711 |
$100,000 | $4,319 |
$110,000 | $4,926 |
$120,000 | $5,518 |
$130,000 | $6,109 |
$140,000 | $6,701 |
$150,000 | $7,293 |
$175,000 | $8,772 |
$200,000 | $10,224 |
$250,000 | $12,837 |
$300,000 | $15,337 |
$350,000 | $17,837 |
$400,000 | $20,337 |
$450,000 | $22,837 |
$500,000 | $25,337 |
Discretionary Income in New Bedford, MA 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 Bedford, MA is ranked 149th 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in New Bedford, MA
Gross Salary
$8,333
Taxes
$1,605
Cost of Living
$3,590
Discretionary Income
$3,138
With a gross annual salary of $100,000 in New Bedford, MA, a couple would need to deduct approximately $1,605 per month for taxes. Considering the average cost of living in New Bedford is $3,590, couples would have around $3,138 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Bedford, MA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in New Bedford, MA in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in New Bedford, MA |
---|---|
$30,000 | -$1,359 |
$40,000 | -$667 |
$50,000 | $25 |
$60,000 | $705 |
$70,000 | $1,313 |
$80,000 | $1,921 |
$90,000 | $2,530 |
$100,000 | $3,138 |
$110,000 | $3,745 |
$120,000 | $4,337 |
$130,000 | $4,928 |
$140,000 | $5,520 |
$150,000 | $6,112 |
$175,000 | $7,591 |
$200,000 | $9,043 |
$250,000 | $11,656 |
$300,000 | $14,156 |
$350,000 | $16,656 |
$400,000 | $19,090 |
$450,000 | $21,507 |
$500,000 | $23,924 |
Discretionary Income in New Bedford, MA 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 Bedford, MA is ranked 162nd 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in New Bedford, MA
Gross Salary
$8,333
Taxes
$1,344
Cost of Living
$3,568
Discretionary Income
$3,422
With a gross annual salary of $100,000 in New Bedford, MA, a single parent would need to deduct approximately $1,344 per month for taxes. Considering the average cost of living in New Bedford is $3,568, single parents would have around $3,422 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Bedford, MA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in New Bedford, MA in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in New Bedford, MA |
---|---|
$30,000 | -$1,269 |
$40,000 | -$567 |
$50,000 | $125 |
$60,000 | $816 |
$70,000 | $1,508 |
$80,000 | $2,200 |
$90,000 | $2,813 |
$100,000 | $3,422 |
$110,000 | $4,030 |
$120,000 | $4,632 |
$130,000 | $5,224 |
$140,000 | $5,815 |
$150,000 | $6,407 |
$175,000 | $7,886 |
$200,000 | $9,365 |
$250,000 | $12,010 |
$300,000 | $14,515 |
$350,000 | $17,015 |
$400,000 | $19,515 |
$450,000 | $22,015 |
$500,000 | $24,515 |
Discretionary Income in New Bedford, MA 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 Bedford, MA is ranked 158th 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in New Bedford, MA
Gross Salary
$8,333
Taxes
$1,103
Cost of Living
$5,000
Discretionary Income
$2,230
With a gross annual salary of $100,000 in New Bedford, MA, a family would need to deduct approximately $1,103 per month for taxes. Considering the average cost of living in New Bedford is $5,000, families would have around $2,230 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in New Bedford, MA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in New Bedford, MA in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in New Bedford, MA |
---|---|
$30,000 | -$2,644 |
$40,000 | -$1,936 |
$50,000 | -$1,228 |
$60,000 | -$537 |
$70,000 | $155 |
$80,000 | $847 |
$90,000 | $1,538 |
$100,000 | $2,230 |
$110,000 | $2,922 |
$120,000 | $3,590 |
$130,000 | $4,198 |
$140,000 | $4,806 |
$150,000 | $5,415 |
$175,000 | $6,935 |
$200,000 | $8,456 |
$250,000 | $11,445 |
$300,000 | $14,404 |
$350,000 | $17,362 |
$400,000 | $20,266 |
$450,000 | $22,891 |
$500,000 | $25,492 |