Discretionary Income in Charleston, SC 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
Charleston, SC is ranked 250th 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 Charleston, SC
Gross Salary
$8,333
Taxes
$1,636
Cost of Living
$4,254
Discretionary Income
$2,443
With a gross annual salary of $100,000 in Charleston, SC, you would need to deduct approximately $1,636 per month for taxes. Given that the average cost of living in Charleston is $4,254, you would have around $2,443 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Charleston, SC, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Charleston, SC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Charleston, SC |
|---|---|
| $30,000 | -$1,995 |
| $40,000 | -$1,311 |
| $50,000 | -$628 |
| $60,000 | $43 |
| $70,000 | $643 |
| $80,000 | $1,243 |
| $90,000 | $1,843 |
| $100,000 | $2,443 |
| $110,000 | $3,042 |
| $120,000 | $3,625 |
| $130,000 | $4,209 |
| $140,000 | $4,792 |
| $150,000 | $5,375 |
| $175,000 | $6,834 |
| $200,000 | $8,265 |
| $250,000 | $10,836 |
| $300,000 | $13,294 |
| $350,000 | $15,753 |
| $400,000 | $18,211 |
| $450,000 | $20,669 |
| $500,000 | $23,128 |
Discretionary Income in Charleston, SC 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
Charleston, SC is ranked 250th 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 Charleston, SC
Gross Salary
$8,333
Taxes
$1,636
Cost of Living
$2,835
Discretionary Income
$3,862
With a gross annual salary of $100,000 in Charleston, SC, a single person would need to deduct approximately $1,636 per month for taxes. Considering the average cost of living in Charleston is $2,835, singles would have around $3,862 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Charleston, SC, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Charleston, SC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Charleston, SC |
|---|---|
| $30,000 | -$577 |
| $40,000 | $107 |
| $50,000 | $790 |
| $60,000 | $1,462 |
| $70,000 | $2,062 |
| $80,000 | $2,662 |
| $90,000 | $3,262 |
| $100,000 | $3,862 |
| $110,000 | $4,460 |
| $120,000 | $5,044 |
| $130,000 | $5,627 |
| $140,000 | $6,210 |
| $150,000 | $6,794 |
| $175,000 | $8,252 |
| $200,000 | $9,683 |
| $250,000 | $12,254 |
| $300,000 | $14,713 |
| $350,000 | $17,171 |
| $400,000 | $19,629 |
| $450,000 | $22,088 |
| $500,000 | $24,546 |
Discretionary Income in Charleston, SC 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
Charleston, SC is ranked 251st 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 Charleston, SC
Gross Salary
$8,333
Taxes
$1,636
Cost of Living
$4,247
Discretionary Income
$2,450
With a gross annual salary of $100,000 in Charleston, SC, a couple would need to deduct approximately $1,636 per month for taxes. Considering the average cost of living in Charleston is $4,247, couples would have around $2,450 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Charleston, SC, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Charleston, SC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Charleston, SC |
|---|---|
| $30,000 | -$1,989 |
| $40,000 | -$1,305 |
| $50,000 | -$622 |
| $60,000 | $50 |
| $70,000 | $650 |
| $80,000 | $1,250 |
| $90,000 | $1,850 |
| $100,000 | $2,450 |
| $110,000 | $3,048 |
| $120,000 | $3,632 |
| $130,000 | $4,215 |
| $140,000 | $4,798 |
| $150,000 | $5,382 |
| $175,000 | $6,840 |
| $200,000 | $8,271 |
| $250,000 | $10,842 |
| $300,000 | $13,301 |
| $350,000 | $15,759 |
| $400,000 | $18,152 |
| $450,000 | $20,527 |
| $500,000 | $22,902 |
Discretionary Income in Charleston, SC 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
Charleston, SC is ranked 249th 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 Charleston, SC
Gross Salary
$8,333
Taxes
$1,375
Cost of Living
$4,108
Discretionary Income
$2,851
With a gross annual salary of $100,000 in Charleston, SC, a single parent would need to deduct approximately $1,375 per month for taxes. Considering the average cost of living in Charleston is $4,108, single parents would have around $2,851 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Charleston, SC, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Charleston, SC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Charleston, SC |
|---|---|
| $30,000 | -$1,782 |
| $40,000 | -$1,088 |
| $50,000 | -$405 |
| $60,000 | $278 |
| $70,000 | $962 |
| $80,000 | $1,645 |
| $90,000 | $2,251 |
| $100,000 | $2,851 |
| $110,000 | $3,451 |
| $120,000 | $4,044 |
| $130,000 | $4,627 |
| $140,000 | $5,211 |
| $150,000 | $5,794 |
| $175,000 | $7,252 |
| $200,000 | $8,711 |
| $250,000 | $11,313 |
| $300,000 | $13,777 |
| $350,000 | $16,235 |
| $400,000 | $18,694 |
| $450,000 | $21,152 |
| $500,000 | $23,610 |
Discretionary Income in Charleston, SC 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
Charleston, SC is ranked 260th 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 Charleston, SC
Gross Salary
$8,333
Taxes
$1,134
Cost of Living
$5,824
Discretionary Income
$1,375
With a gross annual salary of $100,000 in Charleston, SC, a family would need to deduct approximately $1,134 per month for taxes. Considering the average cost of living in Charleston is $5,824, families would have around $1,375 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Charleston, SC, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Charleston, SC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Charleston, SC |
|---|---|
| $30,000 | -$3,441 |
| $40,000 | -$2,741 |
| $50,000 | -$2,042 |
| $60,000 | -$1,358 |
| $70,000 | -$675 |
| $80,000 | $8 |
| $90,000 | $692 |
| $100,000 | $1,375 |
| $110,000 | $2,058 |
| $120,000 | $2,718 |
| $130,000 | $3,318 |
| $140,000 | $3,918 |
| $150,000 | $4,518 |
| $175,000 | $6,018 |
| $200,000 | $7,518 |
| $250,000 | $10,465 |
| $300,000 | $13,382 |
| $350,000 | $16,299 |
| $400,000 | $19,161 |
| $450,000 | $21,745 |
| $500,000 | $24,304 |