Discretionary Income in Lee's Summit, MO 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
Lee's Summit, MO is ranked 115th 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 Lee's Summit, MO
Gross Salary
$8,333
Taxes
$1,590
Cost of Living
$3,478
Discretionary Income
$3,265
With a gross annual salary of $100,000 in Lee's Summit, MO, you would need to deduct approximately $1,590 per month for taxes. Given that the average cost of living in Lee's Summit is $3,478, you would have around $3,265 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lee's Summit, MO, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Lee's Summit, MO in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in s Summit, MO |
|---|---|
| $30,000 | -$1,232 |
| $40,000 | -$540 |
| $50,000 | $152 |
| $60,000 | $832 |
| $70,000 | $1,440 |
| $80,000 | $2,048 |
| $90,000 | $2,657 |
| $100,000 | $3,265 |
| $110,000 | $3,872 |
| $120,000 | $4,464 |
| $130,000 | $5,055 |
| $140,000 | $5,647 |
| $150,000 | $6,239 |
| $175,000 | $7,718 |
| $200,000 | $9,170 |
| $250,000 | $11,783 |
| $300,000 | $14,283 |
| $350,000 | $16,783 |
| $400,000 | $19,283 |
| $450,000 | $21,783 |
| $500,000 | $24,283 |
Discretionary Income in Lee's Summit, MO 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
Lee's Summit, MO is ranked 122nd 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Lee's Summit, MO
Gross Salary
$8,333
Taxes
$1,590
Cost of Living
$2,296
Discretionary Income
$4,447
With a gross annual salary of $100,000 in Lee's Summit, MO, a single person would need to deduct approximately $1,590 per month for taxes. Considering the average cost of living in Lee's Summit is $2,296, singles would have around $4,447 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lee's Summit, MO, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Lee's Summit, MO in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in s Summit, MO |
|---|---|
| $30,000 | -$49 |
| $40,000 | $643 |
| $50,000 | $1,334 |
| $60,000 | $2,014 |
| $70,000 | $2,622 |
| $80,000 | $3,231 |
| $90,000 | $3,839 |
| $100,000 | $4,447 |
| $110,000 | $5,054 |
| $120,000 | $5,646 |
| $130,000 | $6,238 |
| $140,000 | $6,829 |
| $150,000 | $7,421 |
| $175,000 | $8,900 |
| $200,000 | $10,352 |
| $250,000 | $12,965 |
| $300,000 | $15,465 |
| $350,000 | $17,965 |
| $400,000 | $20,465 |
| $450,000 | $22,965 |
| $500,000 | $25,465 |
Discretionary Income in Lee's Summit, MO 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
Lee's Summit, MO is ranked 107th 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 Lee's Summit, MO
Gross Salary
$8,333
Taxes
$1,590
Cost of Living
$3,424
Discretionary Income
$3,319
With a gross annual salary of $100,000 in Lee's Summit, MO, a couple would need to deduct approximately $1,590 per month for taxes. Considering the average cost of living in Lee's Summit is $3,424, couples would have around $3,319 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lee's Summit, MO, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Lee's Summit, MO in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in s Summit, MO |
|---|---|
| $30,000 | -$1,178 |
| $40,000 | -$486 |
| $50,000 | $206 |
| $60,000 | $885 |
| $70,000 | $1,494 |
| $80,000 | $2,102 |
| $90,000 | $2,710 |
| $100,000 | $3,319 |
| $110,000 | $3,926 |
| $120,000 | $4,517 |
| $130,000 | $5,109 |
| $140,000 | $5,701 |
| $150,000 | $6,292 |
| $175,000 | $7,772 |
| $200,000 | $9,224 |
| $250,000 | $11,837 |
| $300,000 | $14,337 |
| $350,000 | $16,837 |
| $400,000 | $19,271 |
| $450,000 | $21,688 |
| $500,000 | $24,104 |
Discretionary Income in Lee's Summit, MO 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
Lee's Summit, MO is ranked 127th 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 Lee's Summit, MO
Gross Salary
$8,333
Taxes
$1,329
Cost of Living
$3,413
Discretionary Income
$3,592
With a gross annual salary of $100,000 in Lee's Summit, MO, a single parent would need to deduct approximately $1,329 per month for taxes. Considering the average cost of living in Lee's Summit is $3,413, single parents would have around $3,592 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lee's Summit, MO, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Lee's Summit, MO in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in s Summit, MO |
|---|---|
| $30,000 | -$1,099 |
| $40,000 | -$397 |
| $50,000 | $295 |
| $60,000 | $987 |
| $70,000 | $1,678 |
| $80,000 | $2,370 |
| $90,000 | $2,984 |
| $100,000 | $3,592 |
| $110,000 | $4,200 |
| $120,000 | $4,802 |
| $130,000 | $5,394 |
| $140,000 | $5,986 |
| $150,000 | $6,577 |
| $175,000 | $8,056 |
| $200,000 | $9,536 |
| $250,000 | $12,180 |
| $300,000 | $14,685 |
| $350,000 | $17,185 |
| $400,000 | $19,685 |
| $450,000 | $22,185 |
| $500,000 | $24,685 |
Discretionary Income in Lee's Summit, MO 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
Lee's Summit, MO is ranked 114th 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 Lee's Summit, MO
Gross Salary
$8,333
Taxes
$1,089
Cost of Living
$4,780
Discretionary Income
$2,464
With a gross annual salary of $100,000 in Lee's Summit, MO, a family would need to deduct approximately $1,089 per month for taxes. Considering the average cost of living in Lee's Summit is $4,780, families would have around $2,464 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lee's Summit, MO, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Lee's Summit, MO in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in s Summit, MO |
|---|---|
| $30,000 | -$2,410 |
| $40,000 | -$1,702 |
| $50,000 | -$994 |
| $60,000 | -$302 |
| $70,000 | $389 |
| $80,000 | $1,081 |
| $90,000 | $1,773 |
| $100,000 | $2,464 |
| $110,000 | $3,156 |
| $120,000 | $3,824 |
| $130,000 | $4,432 |
| $140,000 | $5,041 |
| $150,000 | $5,649 |
| $175,000 | $7,170 |
| $200,000 | $8,691 |
| $250,000 | $11,680 |
| $300,000 | $14,638 |
| $350,000 | $17,596 |
| $400,000 | $20,501 |
| $450,000 | $23,126 |
| $500,000 | $25,726 |
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.