Discretionary Income in Columbia, 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
Columbia, SC is ranked 138th 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 Columbia, SC
Gross Salary
$8,333
Taxes
$1,636
Cost of Living
$3,519
Discretionary Income
$3,178
With a gross annual salary of $100,000 in Columbia, SC, you would need to deduct approximately $1,636 per month for taxes. Given that the average cost of living in Columbia is $3,519, you would have around $3,178 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Columbia, SC, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Columbia, SC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Columbia, SC |
|---|---|
| $30,000 | -$1,260 |
| $40,000 | -$576 |
| $50,000 | $107 |
| $60,000 | $778 |
| $70,000 | $1,378 |
| $80,000 | $1,978 |
| $90,000 | $2,578 |
| $100,000 | $3,178 |
| $110,000 | $3,777 |
| $120,000 | $4,360 |
| $130,000 | $4,944 |
| $140,000 | $5,527 |
| $150,000 | $6,110 |
| $175,000 | $7,569 |
| $200,000 | $9,000 |
| $250,000 | $11,571 |
| $300,000 | $14,030 |
| $350,000 | $16,488 |
| $400,000 | $18,946 |
| $450,000 | $21,405 |
| $500,000 | $23,863 |
Discretionary Income in Columbia, 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
Columbia, SC is ranked 165th 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 Columbia, SC
Gross Salary
$8,333
Taxes
$1,636
Cost of Living
$2,367
Discretionary Income
$4,330
With a gross annual salary of $100,000 in Columbia, SC, a single person would need to deduct approximately $1,636 per month for taxes. Considering the average cost of living in Columbia is $2,367, singles would have around $4,330 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Columbia, SC, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Columbia, SC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Columbia, SC |
|---|---|
| $30,000 | -$108 |
| $40,000 | $575 |
| $50,000 | $1,258 |
| $60,000 | $1,930 |
| $70,000 | $2,530 |
| $80,000 | $3,130 |
| $90,000 | $3,730 |
| $100,000 | $4,330 |
| $110,000 | $4,928 |
| $120,000 | $5,512 |
| $130,000 | $6,095 |
| $140,000 | $6,678 |
| $150,000 | $7,262 |
| $175,000 | $8,720 |
| $200,000 | $10,151 |
| $250,000 | $12,723 |
| $300,000 | $15,181 |
| $350,000 | $17,639 |
| $400,000 | $20,098 |
| $450,000 | $22,556 |
| $500,000 | $25,014 |
Discretionary Income in Columbia, 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
Columbia, SC is ranked 148th 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 Columbia, SC
Gross Salary
$8,333
Taxes
$1,636
Cost of Living
$3,550
Discretionary Income
$3,147
With a gross annual salary of $100,000 in Columbia, SC, a couple would need to deduct approximately $1,636 per month for taxes. Considering the average cost of living in Columbia is $3,550, couples would have around $3,147 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Columbia, SC, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Columbia, SC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Columbia, SC |
|---|---|
| $30,000 | -$1,291 |
| $40,000 | -$608 |
| $50,000 | $75 |
| $60,000 | $747 |
| $70,000 | $1,347 |
| $80,000 | $1,947 |
| $90,000 | $2,547 |
| $100,000 | $3,147 |
| $110,000 | $3,745 |
| $120,000 | $4,329 |
| $130,000 | $4,912 |
| $140,000 | $5,495 |
| $150,000 | $6,079 |
| $175,000 | $7,537 |
| $200,000 | $8,968 |
| $250,000 | $11,540 |
| $300,000 | $13,998 |
| $350,000 | $16,456 |
| $400,000 | $18,849 |
| $450,000 | $21,224 |
| $500,000 | $23,599 |
Discretionary Income in Columbia, 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
Columbia, SC is ranked 133rd 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 Columbia, SC
Gross Salary
$8,333
Taxes
$1,375
Cost of Living
$3,397
Discretionary Income
$3,561
With a gross annual salary of $100,000 in Columbia, SC, a single parent would need to deduct approximately $1,375 per month for taxes. Considering the average cost of living in Columbia is $3,397, single parents would have around $3,561 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Columbia, SC, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Columbia, SC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Columbia, SC |
|---|---|
| $30,000 | -$1,072 |
| $40,000 | -$377 |
| $50,000 | $306 |
| $60,000 | $989 |
| $70,000 | $1,673 |
| $80,000 | $2,356 |
| $90,000 | $2,961 |
| $100,000 | $3,561 |
| $110,000 | $4,161 |
| $120,000 | $4,755 |
| $130,000 | $5,338 |
| $140,000 | $5,922 |
| $150,000 | $6,505 |
| $175,000 | $7,963 |
| $200,000 | $9,422 |
| $250,000 | $12,024 |
| $300,000 | $14,488 |
| $350,000 | $16,946 |
| $400,000 | $19,404 |
| $450,000 | $21,863 |
| $500,000 | $24,321 |
Discretionary Income in Columbia, 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
Columbia, SC is ranked 116th 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 Columbia, SC
Gross Salary
$8,333
Taxes
$1,134
Cost of Living
$4,760
Discretionary Income
$2,439
With a gross annual salary of $100,000 in Columbia, SC, a family would need to deduct approximately $1,134 per month for taxes. Considering the average cost of living in Columbia is $4,760, families would have around $2,439 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Columbia, SC, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Columbia, SC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Columbia, SC |
|---|---|
| $30,000 | -$2,377 |
| $40,000 | -$1,677 |
| $50,000 | -$978 |
| $60,000 | -$294 |
| $70,000 | $389 |
| $80,000 | $1,072 |
| $90,000 | $1,756 |
| $100,000 | $2,439 |
| $110,000 | $3,122 |
| $120,000 | $3,782 |
| $130,000 | $4,382 |
| $140,000 | $4,982 |
| $150,000 | $5,582 |
| $175,000 | $7,082 |
| $200,000 | $8,582 |
| $250,000 | $11,529 |
| $300,000 | $14,446 |
| $350,000 | $17,363 |
| $400,000 | $20,225 |
| $450,000 | $22,809 |
| $500,000 | $25,368 |