Discretionary Income in Columbus, 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
Columbus, OH is ranked 108th 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 Columbus, OH
Gross Salary
$8,333
Taxes
$1,380
Cost of Living
$3,662
Discretionary Income
$3,291
With a gross annual salary of $100,000 in Columbus, OH, you would need to deduct approximately $1,380 per month for taxes. Given that the average cost of living in Columbus is $3,662, you would have around $3,291 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Columbus, OH, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Columbus, OH in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Columbus, OH |
---|---|
$30,000 | -$1,315 |
$40,000 | -$607 |
$50,000 | $101 |
$60,000 | $798 |
$70,000 | $1,423 |
$80,000 | $2,048 |
$90,000 | $2,673 |
$100,000 | $3,291 |
$110,000 | $3,907 |
$120,000 | $4,507 |
$130,000 | $5,107 |
$140,000 | $5,707 |
$150,000 | $6,307 |
$175,000 | $7,807 |
$200,000 | $9,280 |
$250,000 | $11,934 |
$300,000 | $14,476 |
$350,000 | $17,017 |
$400,000 | $19,559 |
$450,000 | $22,101 |
$500,000 | $24,642 |
Discretionary Income in Columbus, 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
Columbus, OH is ranked 112th 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 Columbus, OH
Gross Salary
$8,333
Taxes
$1,380
Cost of Living
$2,466
Discretionary Income
$4,488
With a gross annual salary of $100,000 in Columbus, OH, a single person would need to deduct approximately $1,380 per month for taxes. Considering the average cost of living in Columbus is $2,466, singles would have around $4,488 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Columbus, OH, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Columbus, OH in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Columbus, OH |
---|---|
$30,000 | -$119 |
$40,000 | $590 |
$50,000 | $1,298 |
$60,000 | $1,994 |
$70,000 | $2,619 |
$80,000 | $3,244 |
$90,000 | $3,869 |
$100,000 | $4,488 |
$110,000 | $5,103 |
$120,000 | $5,703 |
$130,000 | $6,303 |
$140,000 | $6,903 |
$150,000 | $7,503 |
$175,000 | $9,003 |
$200,000 | $10,476 |
$250,000 | $13,131 |
$300,000 | $15,672 |
$350,000 | $18,214 |
$400,000 | $20,756 |
$450,000 | $23,297 |
$500,000 | $25,839 |
Discretionary Income in Columbus, 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
Columbus, OH is ranked 118th 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 Columbus, OH
Gross Salary
$8,333
Taxes
$1,380
Cost of Living
$3,687
Discretionary Income
$3,266
With a gross annual salary of $100,000 in Columbus, OH, a couple would need to deduct approximately $1,380 per month for taxes. Considering the average cost of living in Columbus is $3,687, couples would have around $3,266 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Columbus, OH, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Columbus, OH in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Columbus, OH |
---|---|
$30,000 | -$1,340 |
$40,000 | -$632 |
$50,000 | $76 |
$60,000 | $773 |
$70,000 | $1,398 |
$80,000 | $2,023 |
$90,000 | $2,648 |
$100,000 | $3,266 |
$110,000 | $3,881 |
$120,000 | $4,481 |
$130,000 | $5,081 |
$140,000 | $5,681 |
$150,000 | $6,281 |
$175,000 | $7,781 |
$200,000 | $9,254 |
$250,000 | $11,909 |
$300,000 | $14,451 |
$350,000 | $16,992 |
$400,000 | $19,468 |
$450,000 | $21,927 |
$500,000 | $24,385 |
Discretionary Income in Columbus, 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
Columbus, OH is ranked 99th 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 Columbus, OH
Gross Salary
$8,333
Taxes
$1,119
Cost of Living
$3,525
Discretionary Income
$3,690
With a gross annual salary of $100,000 in Columbus, OH, a single parent would need to deduct approximately $1,119 per month for taxes. Considering the average cost of living in Columbus is $3,525, single parents would have around $3,690 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Columbus, OH, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Columbus, OH in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Columbus, OH |
---|---|
$30,000 | -$1,111 |
$40,000 | -$392 |
$50,000 | $316 |
$60,000 | $1,025 |
$70,000 | $1,733 |
$80,000 | $2,441 |
$90,000 | $3,072 |
$100,000 | $3,690 |
$110,000 | $4,307 |
$120,000 | $4,917 |
$130,000 | $5,517 |
$140,000 | $6,117 |
$150,000 | $6,717 |
$175,000 | $8,217 |
$200,000 | $9,717 |
$250,000 | $12,403 |
$300,000 | $14,950 |
$350,000 | $17,492 |
$400,000 | $20,033 |
$450,000 | $22,575 |
$500,000 | $25,117 |
Discretionary Income in Columbus, 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
Columbus, OH is ranked 110th 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 Columbus, OH
Gross Salary
$8,333
Taxes
$878
Cost of Living
$4,971
Discretionary Income
$2,485
With a gross annual salary of $100,000 in Columbus, OH, a family would need to deduct approximately $878 per month for taxes. Considering the average cost of living in Columbus is $4,971, families would have around $2,485 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Columbus, OH, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Columbus, OH in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Columbus, OH |
---|---|
$30,000 | -$2,500 |
$40,000 | -$1,775 |
$50,000 | -$1,051 |
$60,000 | -$342 |
$70,000 | $366 |
$80,000 | $1,074 |
$90,000 | $1,783 |
$100,000 | $2,485 |
$110,000 | $3,185 |
$120,000 | $3,861 |
$130,000 | $4,477 |
$140,000 | $5,094 |
$150,000 | $5,711 |
$175,000 | $7,252 |
$200,000 | $8,794 |
$250,000 | $11,825 |
$300,000 | $14,825 |
$350,000 | $17,825 |
$400,000 | $20,771 |
$450,000 | $23,438 |
$500,000 | $26,080 |