Discretionary Income in Providence, RI 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
Providence, RI is ranked 189th 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Providence, RI
Gross Salary
$8,333
Taxes
$1,541
Cost of Living
$3,867
Discretionary Income
$2,926
With a gross annual salary of $100,000 in Providence, RI, you would need to deduct approximately $1,541 per month for taxes. Given that the average cost of living in Providence is $3,867, you would have around $2,926 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Providence, RI, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Providence, RI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Providence, RI |
|---|---|
| $30,000 | -$1,610 |
| $40,000 | -$910 |
| $50,000 | -$210 |
| $60,000 | $478 |
| $70,000 | $1,095 |
| $80,000 | $1,710 |
| $90,000 | $2,318 |
| $100,000 | $2,926 |
| $110,000 | $3,533 |
| $120,000 | $4,125 |
| $130,000 | $4,717 |
| $140,000 | $5,308 |
| $150,000 | $5,900 |
| $175,000 | $7,379 |
| $200,000 | $8,811 |
| $250,000 | $11,382 |
| $300,000 | $13,841 |
| $350,000 | $16,299 |
| $400,000 | $18,757 |
| $450,000 | $21,216 |
| $500,000 | $23,674 |
Discretionary Income in Providence, RI 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
Providence, RI is ranked 192nd 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Providence, RI
Gross Salary
$8,333
Taxes
$1,541
Cost of Living
$2,591
Discretionary Income
$4,202
With a gross annual salary of $100,000 in Providence, RI, a single person would need to deduct approximately $1,541 per month for taxes. Considering the average cost of living in Providence is $2,591, singles would have around $4,202 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Providence, RI, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Providence, RI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Providence, RI |
|---|---|
| $30,000 | -$334 |
| $40,000 | $366 |
| $50,000 | $1,066 |
| $60,000 | $1,754 |
| $70,000 | $2,371 |
| $80,000 | $2,985 |
| $90,000 | $3,594 |
| $100,000 | $4,202 |
| $110,000 | $4,809 |
| $120,000 | $5,401 |
| $130,000 | $5,992 |
| $140,000 | $6,584 |
| $150,000 | $7,176 |
| $175,000 | $8,655 |
| $200,000 | $10,087 |
| $250,000 | $12,658 |
| $300,000 | $15,116 |
| $350,000 | $17,575 |
| $400,000 | $20,033 |
| $450,000 | $22,491 |
| $500,000 | $24,950 |
Discretionary Income in Providence, RI 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
Providence, RI is ranked 194th 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Providence, RI
Gross Salary
$8,333
Taxes
$1,541
Cost of Living
$3,847
Discretionary Income
$2,946
With a gross annual salary of $100,000 in Providence, RI, a couple would need to deduct approximately $1,541 per month for taxes. Considering the average cost of living in Providence is $3,847, couples would have around $2,946 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Providence, RI, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Providence, RI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Providence, RI |
|---|---|
| $30,000 | -$1,590 |
| $40,000 | -$890 |
| $50,000 | -$190 |
| $60,000 | $498 |
| $70,000 | $1,115 |
| $80,000 | $1,729 |
| $90,000 | $2,338 |
| $100,000 | $2,946 |
| $110,000 | $3,553 |
| $120,000 | $4,145 |
| $130,000 | $4,736 |
| $140,000 | $5,328 |
| $150,000 | $5,920 |
| $175,000 | $7,399 |
| $200,000 | $8,831 |
| $250,000 | $11,402 |
| $300,000 | $13,860 |
| $350,000 | $16,319 |
| $400,000 | $18,712 |
| $450,000 | $21,087 |
| $500,000 | $23,462 |
Discretionary Income in Providence, RI 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
Providence, RI is ranked 197th 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Providence, RI
Gross Salary
$8,333
Taxes
$1,279
Cost of Living
$3,798
Discretionary Income
$3,256
With a gross annual salary of $100,000 in Providence, RI, a single parent would need to deduct approximately $1,279 per month for taxes. Considering the average cost of living in Providence is $3,798, single parents would have around $3,256 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Providence, RI, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Providence, RI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Providence, RI |
|---|---|
| $30,000 | -$1,474 |
| $40,000 | -$764 |
| $50,000 | -$64 |
| $60,000 | $636 |
| $70,000 | $1,336 |
| $80,000 | $2,034 |
| $90,000 | $2,648 |
| $100,000 | $3,256 |
| $110,000 | $3,865 |
| $120,000 | $4,467 |
| $130,000 | $5,058 |
| $140,000 | $5,650 |
| $150,000 | $6,242 |
| $175,000 | $7,721 |
| $200,000 | $9,180 |
| $250,000 | $11,783 |
| $300,000 | $14,246 |
| $350,000 | $16,705 |
| $400,000 | $19,163 |
| $450,000 | $21,621 |
| $500,000 | $24,080 |
Discretionary Income in Providence, RI 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
Providence, RI is ranked 181st 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Providence, RI
Gross Salary
$8,333
Taxes
$1,038
Cost of Living
$5,231
Discretionary Income
$2,064
With a gross annual salary of $100,000 in Providence, RI, a family would need to deduct approximately $1,038 per month for taxes. Considering the average cost of living in Providence is $5,231, families would have around $2,064 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Providence, RI, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Providence, RI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Providence, RI |
|---|---|
| $30,000 | -$2,850 |
| $40,000 | -$2,133 |
| $50,000 | -$1,417 |
| $60,000 | -$717 |
| $70,000 | -$17 |
| $80,000 | $681 |
| $90,000 | $1,372 |
| $100,000 | $2,064 |
| $110,000 | $2,756 |
| $120,000 | $3,424 |
| $130,000 | $4,032 |
| $140,000 | $4,640 |
| $150,000 | $5,249 |
| $175,000 | $6,770 |
| $200,000 | $8,270 |
| $250,000 | $11,218 |
| $300,000 | $14,135 |
| $350,000 | $17,051 |
| $400,000 | $19,914 |
| $450,000 | $22,497 |
| $500,000 | $25,056 |