Discretionary Income in Albuquerque, NM 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
Albuquerque, NM is ranked 82nd 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 Albuquerque, NM
Gross Salary
$8,333
Taxes
$1,582
Cost of Living
$3,357
Discretionary Income
$3,395
With a gross annual salary of $100,000 in Albuquerque, NM, you would need to deduct approximately $1,582 per month for taxes. Given that the average cost of living in Albuquerque is $3,357, you would have around $3,395 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Albuquerque, NM, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Albuquerque, NM in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Albuquerque, NM |
|---|---|
| $30,000 | -$1,102 |
| $40,000 | -$410 |
| $50,000 | $281 |
| $60,000 | $961 |
| $70,000 | $1,570 |
| $80,000 | $2,178 |
| $90,000 | $2,786 |
| $100,000 | $3,395 |
| $110,000 | $4,002 |
| $120,000 | $4,593 |
| $130,000 | $5,185 |
| $140,000 | $5,777 |
| $150,000 | $6,368 |
| $175,000 | $7,847 |
| $200,000 | $9,300 |
| $250,000 | $11,879 |
| $300,000 | $14,337 |
| $350,000 | $16,796 |
| $400,000 | $19,254 |
| $450,000 | $21,712 |
| $500,000 | $24,171 |
Discretionary Income in Albuquerque, NM 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
Albuquerque, NM is ranked 102nd 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 Albuquerque, NM
Gross Salary
$8,333
Taxes
$1,582
Cost of Living
$2,240
Discretionary Income
$4,511
With a gross annual salary of $100,000 in Albuquerque, NM, a single person would need to deduct approximately $1,582 per month for taxes. Considering the average cost of living in Albuquerque is $2,240, singles would have around $4,511 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Albuquerque, NM, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Albuquerque, NM in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Albuquerque, NM |
|---|---|
| $30,000 | $15 |
| $40,000 | $706 |
| $50,000 | $1,398 |
| $60,000 | $2,078 |
| $70,000 | $2,686 |
| $80,000 | $3,294 |
| $90,000 | $3,903 |
| $100,000 | $4,511 |
| $110,000 | $5,118 |
| $120,000 | $5,710 |
| $130,000 | $6,302 |
| $140,000 | $6,893 |
| $150,000 | $7,485 |
| $175,000 | $8,964 |
| $200,000 | $10,416 |
| $250,000 | $12,996 |
| $300,000 | $15,454 |
| $350,000 | $17,912 |
| $400,000 | $20,371 |
| $450,000 | $22,829 |
| $500,000 | $25,287 |
Discretionary Income in Albuquerque, NM 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
Albuquerque, NM is ranked 92nd 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 Albuquerque, NM
Gross Salary
$8,333
Taxes
$1,582
Cost of Living
$3,369
Discretionary Income
$3,382
With a gross annual salary of $100,000 in Albuquerque, NM, a couple would need to deduct approximately $1,582 per month for taxes. Considering the average cost of living in Albuquerque is $3,369, couples would have around $3,382 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Albuquerque, NM, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Albuquerque, NM in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Albuquerque, NM |
|---|---|
| $30,000 | -$1,114 |
| $40,000 | -$422 |
| $50,000 | $269 |
| $60,000 | $949 |
| $70,000 | $1,557 |
| $80,000 | $2,166 |
| $90,000 | $2,774 |
| $100,000 | $3,382 |
| $110,000 | $3,989 |
| $120,000 | $4,581 |
| $130,000 | $5,173 |
| $140,000 | $5,764 |
| $150,000 | $6,356 |
| $175,000 | $7,835 |
| $200,000 | $9,287 |
| $250,000 | $11,867 |
| $300,000 | $14,325 |
| $350,000 | $16,784 |
| $400,000 | $19,176 |
| $450,000 | $21,551 |
| $500,000 | $23,926 |
Discretionary Income in Albuquerque, NM 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
Albuquerque, NM is ranked 70th 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 Albuquerque, NM
Gross Salary
$8,333
Taxes
$1,321
Cost of Living
$3,205
Discretionary Income
$3,807
With a gross annual salary of $100,000 in Albuquerque, NM, a single parent would need to deduct approximately $1,321 per month for taxes. Considering the average cost of living in Albuquerque is $3,205, single parents would have around $3,807 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Albuquerque, NM, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Albuquerque, NM in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Albuquerque, NM |
|---|---|
| $30,000 | -$884 |
| $40,000 | -$181 |
| $50,000 | $510 |
| $60,000 | $1,202 |
| $70,000 | $1,894 |
| $80,000 | $2,585 |
| $90,000 | $3,199 |
| $100,000 | $3,807 |
| $110,000 | $4,416 |
| $120,000 | $5,018 |
| $130,000 | $5,609 |
| $140,000 | $6,201 |
| $150,000 | $6,793 |
| $175,000 | $8,272 |
| $200,000 | $9,751 |
| $250,000 | $12,362 |
| $300,000 | $14,826 |
| $350,000 | $17,284 |
| $400,000 | $19,742 |
| $450,000 | $22,201 |
| $500,000 | $24,659 |
Discretionary Income in Albuquerque, NM 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
Albuquerque, NM is ranked 71st 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 Albuquerque, NM
Gross Salary
$8,333
Taxes
$1,070
Cost of Living
$4,613
Discretionary Income
$2,651
With a gross annual salary of $100,000 in Albuquerque, NM, a family would need to deduct approximately $1,070 per month for taxes. Considering the average cost of living in Albuquerque is $4,613, families would have around $2,651 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Albuquerque, NM, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Albuquerque, NM in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Albuquerque, NM |
|---|---|
| $30,000 | -$2,224 |
| $40,000 | -$1,515 |
| $50,000 | -$807 |
| $60,000 | -$116 |
| $70,000 | $576 |
| $80,000 | $1,268 |
| $90,000 | $1,959 |
| $100,000 | $2,651 |
| $110,000 | $3,343 |
| $120,000 | $4,010 |
| $130,000 | $4,619 |
| $140,000 | $5,227 |
| $150,000 | $5,835 |
| $175,000 | $7,356 |
| $200,000 | $8,877 |
| $250,000 | $11,866 |
| $300,000 | $14,825 |
| $350,000 | $17,754 |
| $400,000 | $20,616 |
| $450,000 | $23,200 |
| $500,000 | $25,759 |