Discretionary Income in Rio Rancho, 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
Rio Rancho, NM is ranked 95th 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 Rio Rancho, NM
Gross Salary
$8,333
Taxes
$1,582
Cost of Living
$3,402
Discretionary Income
$3,349
With a gross annual salary of $100,000 in Rio Rancho, NM, you would need to deduct approximately $1,582 per month for taxes. Given that the average cost of living in Rio Rancho is $3,402, you would have around $3,349 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Rio Rancho, NM, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Rio Rancho, NM in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Rio Rancho, NM |
|---|---|
| $30,000 | -$1,147 |
| $40,000 | -$455 |
| $50,000 | $236 |
| $60,000 | $916 |
| $70,000 | $1,524 |
| $80,000 | $2,133 |
| $90,000 | $2,741 |
| $100,000 | $3,349 |
| $110,000 | $3,957 |
| $120,000 | $4,548 |
| $130,000 | $5,140 |
| $140,000 | $5,732 |
| $150,000 | $6,323 |
| $175,000 | $7,802 |
| $200,000 | $9,255 |
| $250,000 | $11,834 |
| $300,000 | $14,292 |
| $350,000 | $16,751 |
| $400,000 | $19,209 |
| $450,000 | $21,667 |
| $500,000 | $24,126 |
Discretionary Income in Rio Rancho, 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
Rio Rancho, NM is ranked 115th 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 Rio Rancho, NM
Gross Salary
$8,333
Taxes
$1,582
Cost of Living
$2,269
Discretionary Income
$4,482
With a gross annual salary of $100,000 in Rio Rancho, NM, a single person would need to deduct approximately $1,582 per month for taxes. Considering the average cost of living in Rio Rancho is $2,269, singles would have around $4,482 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Rio Rancho, NM, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Rio Rancho, NM in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Rio Rancho, NM |
|---|---|
| $30,000 | -$15 |
| $40,000 | $677 |
| $50,000 | $1,369 |
| $60,000 | $2,048 |
| $70,000 | $2,657 |
| $80,000 | $3,265 |
| $90,000 | $3,873 |
| $100,000 | $4,482 |
| $110,000 | $5,089 |
| $120,000 | $5,681 |
| $130,000 | $6,272 |
| $140,000 | $6,864 |
| $150,000 | $7,456 |
| $175,000 | $8,935 |
| $200,000 | $10,387 |
| $250,000 | $12,966 |
| $300,000 | $15,425 |
| $350,000 | $17,883 |
| $400,000 | $20,341 |
| $450,000 | $22,800 |
| $500,000 | $25,258 |
Discretionary Income in Rio Rancho, 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
Rio Rancho, NM is ranked 82nd 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 Rio Rancho, NM
Gross Salary
$8,333
Taxes
$1,582
Cost of Living
$3,344
Discretionary Income
$3,407
With a gross annual salary of $100,000 in Rio Rancho, NM, a couple would need to deduct approximately $1,582 per month for taxes. Considering the average cost of living in Rio Rancho is $3,344, couples would have around $3,407 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Rio Rancho, NM, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Rio Rancho, NM in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Rio Rancho, NM |
|---|---|
| $30,000 | -$1,089 |
| $40,000 | -$398 |
| $50,000 | $294 |
| $60,000 | $974 |
| $70,000 | $1,582 |
| $80,000 | $2,190 |
| $90,000 | $2,799 |
| $100,000 | $3,407 |
| $110,000 | $4,014 |
| $120,000 | $4,606 |
| $130,000 | $5,197 |
| $140,000 | $5,789 |
| $150,000 | $6,381 |
| $175,000 | $7,860 |
| $200,000 | $9,312 |
| $250,000 | $11,891 |
| $300,000 | $14,350 |
| $350,000 | $16,808 |
| $400,000 | $19,201 |
| $450,000 | $21,576 |
| $500,000 | $23,951 |
Discretionary Income in Rio Rancho, 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
Rio Rancho, NM is ranked 96th 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 Rio Rancho, NM
Gross Salary
$8,333
Taxes
$1,321
Cost of Living
$3,319
Discretionary Income
$3,693
With a gross annual salary of $100,000 in Rio Rancho, NM, a single parent would need to deduct approximately $1,321 per month for taxes. Considering the average cost of living in Rio Rancho is $3,319, single parents would have around $3,693 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Rio Rancho, NM, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Rio Rancho, NM in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Rio Rancho, NM |
|---|---|
| $30,000 | -$998 |
| $40,000 | -$296 |
| $50,000 | $396 |
| $60,000 | $1,088 |
| $70,000 | $1,779 |
| $80,000 | $2,471 |
| $90,000 | $3,085 |
| $100,000 | $3,693 |
| $110,000 | $4,301 |
| $120,000 | $4,903 |
| $130,000 | $5,495 |
| $140,000 | $6,087 |
| $150,000 | $6,678 |
| $175,000 | $8,158 |
| $200,000 | $9,637 |
| $250,000 | $12,248 |
| $300,000 | $14,711 |
| $350,000 | $17,170 |
| $400,000 | $19,628 |
| $450,000 | $22,086 |
| $500,000 | $24,545 |
Discretionary Income in Rio Rancho, 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
Rio Rancho, NM is ranked 84th 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 Rio Rancho, NM
Gross Salary
$8,333
Taxes
$1,070
Cost of Living
$4,674
Discretionary Income
$2,590
With a gross annual salary of $100,000 in Rio Rancho, NM, a family would need to deduct approximately $1,070 per month for taxes. Considering the average cost of living in Rio Rancho is $4,674, families would have around $2,590 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Rio Rancho, NM, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Rio Rancho, NM in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Rio Rancho, NM |
|---|---|
| $30,000 | -$2,285 |
| $40,000 | -$1,576 |
| $50,000 | -$869 |
| $60,000 | -$177 |
| $70,000 | $515 |
| $80,000 | $1,206 |
| $90,000 | $1,898 |
| $100,000 | $2,590 |
| $110,000 | $3,281 |
| $120,000 | $3,949 |
| $130,000 | $4,558 |
| $140,000 | $5,166 |
| $150,000 | $5,774 |
| $175,000 | $7,295 |
| $200,000 | $8,816 |
| $250,000 | $11,805 |
| $300,000 | $14,763 |
| $350,000 | $17,693 |
| $400,000 | $20,555 |
| $450,000 | $23,139 |
| $500,000 | $25,697 |