Discretionary Income in Cleveland, OH 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
Cleveland, OH is ranked 87th 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 Cleveland, OH
Gross Salary
$8,333
Taxes
$1,380
Cost of Living
$3,581
Discretionary Income
$3,373
With a gross annual salary of $100,000 in Cleveland, OH, you would need to deduct approximately $1,380 per month for taxes. Given that the average cost of living in Cleveland is $3,581, you would have around $3,373 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Cleveland, OH, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Cleveland, OH in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Cleveland, OH |
|---|---|
| $30,000 | -$1,234 |
| $40,000 | -$526 |
| $50,000 | $183 |
| $60,000 | $879 |
| $70,000 | $1,504 |
| $80,000 | $2,129 |
| $90,000 | $2,754 |
| $100,000 | $3,373 |
| $110,000 | $3,988 |
| $120,000 | $4,588 |
| $130,000 | $5,188 |
| $140,000 | $5,788 |
| $150,000 | $6,388 |
| $175,000 | $7,888 |
| $200,000 | $9,361 |
| $250,000 | $12,015 |
| $300,000 | $14,557 |
| $350,000 | $17,099 |
| $400,000 | $19,640 |
| $450,000 | $22,182 |
| $500,000 | $24,724 |
Discretionary Income in Cleveland, OH 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
Cleveland, OH is ranked 77th 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 Cleveland, OH
Gross Salary
$8,333
Taxes
$1,380
Cost of Living
$2,366
Discretionary Income
$4,587
With a gross annual salary of $100,000 in Cleveland, OH, a single person would need to deduct approximately $1,380 per month for taxes. Considering the average cost of living in Cleveland is $2,366, singles would have around $4,587 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Cleveland, OH, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Cleveland, OH in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Cleveland, OH |
|---|---|
| $30,000 | -$19 |
| $40,000 | $689 |
| $50,000 | $1,397 |
| $60,000 | $2,094 |
| $70,000 | $2,719 |
| $80,000 | $3,344 |
| $90,000 | $3,969 |
| $100,000 | $4,587 |
| $110,000 | $5,203 |
| $120,000 | $5,803 |
| $130,000 | $6,403 |
| $140,000 | $7,003 |
| $150,000 | $7,603 |
| $175,000 | $9,103 |
| $200,000 | $10,576 |
| $250,000 | $13,230 |
| $300,000 | $15,772 |
| $350,000 | $18,313 |
| $400,000 | $20,855 |
| $450,000 | $23,397 |
| $500,000 | $25,938 |
Discretionary Income in Cleveland, OH 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
Cleveland, OH is ranked 96th 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 Cleveland, OH
Gross Salary
$8,333
Taxes
$1,380
Cost of Living
$3,583
Discretionary Income
$3,370
With a gross annual salary of $100,000 in Cleveland, OH, a couple would need to deduct approximately $1,380 per month for taxes. Considering the average cost of living in Cleveland is $3,583, couples would have around $3,370 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Cleveland, OH, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Cleveland, OH in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Cleveland, OH |
|---|---|
| $30,000 | -$1,236 |
| $40,000 | -$528 |
| $50,000 | $180 |
| $60,000 | $877 |
| $70,000 | $1,502 |
| $80,000 | $2,127 |
| $90,000 | $2,752 |
| $100,000 | $3,370 |
| $110,000 | $3,986 |
| $120,000 | $4,586 |
| $130,000 | $5,186 |
| $140,000 | $5,786 |
| $150,000 | $6,386 |
| $175,000 | $7,886 |
| $200,000 | $9,359 |
| $250,000 | $12,013 |
| $300,000 | $14,555 |
| $350,000 | $17,096 |
| $400,000 | $19,573 |
| $450,000 | $22,031 |
| $500,000 | $24,489 |
Discretionary Income in Cleveland, OH 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
Cleveland, OH is ranked 78th 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 Cleveland, OH
Gross Salary
$8,333
Taxes
$1,119
Cost of Living
$3,431
Discretionary Income
$3,784
With a gross annual salary of $100,000 in Cleveland, OH, a single parent would need to deduct approximately $1,119 per month for taxes. Considering the average cost of living in Cleveland is $3,431, single parents would have around $3,784 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Cleveland, OH, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Cleveland, OH in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Cleveland, OH |
|---|---|
| $30,000 | -$1,018 |
| $40,000 | -$299 |
| $50,000 | $410 |
| $60,000 | $1,118 |
| $70,000 | $1,826 |
| $80,000 | $2,535 |
| $90,000 | $3,165 |
| $100,000 | $3,784 |
| $110,000 | $4,400 |
| $120,000 | $5,011 |
| $130,000 | $5,611 |
| $140,000 | $6,211 |
| $150,000 | $6,811 |
| $175,000 | $8,311 |
| $200,000 | $9,811 |
| $250,000 | $12,497 |
| $300,000 | $15,043 |
| $350,000 | $17,585 |
| $400,000 | $20,127 |
| $450,000 | $22,668 |
| $500,000 | $25,210 |
Discretionary Income in Cleveland, OH 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
Cleveland, OH is ranked 103rd 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 Cleveland, OH
Gross Salary
$8,333
Taxes
$878
Cost of Living
$4,943
Discretionary Income
$2,512
With a gross annual salary of $100,000 in Cleveland, OH, a family would need to deduct approximately $878 per month for taxes. Considering the average cost of living in Cleveland is $4,943, families would have around $2,512 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Cleveland, OH, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Cleveland, OH in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Cleveland, OH |
|---|---|
| $30,000 | -$2,472 |
| $40,000 | -$1,747 |
| $50,000 | -$1,023 |
| $60,000 | -$315 |
| $70,000 | $394 |
| $80,000 | $1,102 |
| $90,000 | $1,810 |
| $100,000 | $2,512 |
| $110,000 | $3,212 |
| $120,000 | $3,888 |
| $130,000 | $4,505 |
| $140,000 | $5,122 |
| $150,000 | $5,738 |
| $175,000 | $7,280 |
| $200,000 | $8,822 |
| $250,000 | $11,852 |
| $300,000 | $14,852 |
| $350,000 | $17,852 |
| $400,000 | $20,798 |
| $450,000 | $23,465 |
| $500,000 | $26,107 |