Discretionary Income in Sioux Falls, SD 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
Sioux Falls, SD is ranked 9th 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 the most amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Sioux Falls, SD
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,220
Discretionary Income
$3,925
With a gross annual salary of $100,000 in Sioux Falls, SD, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Sioux Falls is $3,220, you would have around $3,925 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Sioux Falls, SD, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Sioux Falls, SD in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Sioux Falls, SD |
|---|---|
| $30,000 | -$863 |
| $40,000 | -$129 |
| $50,000 | $604 |
| $60,000 | $1,325 |
| $70,000 | $1,975 |
| $80,000 | $2,625 |
| $90,000 | $3,275 |
| $100,000 | $3,925 |
| $110,000 | $4,574 |
| $120,000 | $5,207 |
| $130,000 | $5,841 |
| $140,000 | $6,474 |
| $150,000 | $7,107 |
| $175,000 | $8,691 |
| $200,000 | $10,247 |
| $250,000 | $13,068 |
| $300,000 | $15,777 |
| $350,000 | $18,485 |
| $400,000 | $21,193 |
| $450,000 | $23,902 |
| $500,000 | $26,610 |
Discretionary Income in Sioux Falls, SD 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
Sioux Falls, SD is ranked 8th 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 the most amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Sioux Falls, SD
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,149
Discretionary Income
$4,996
With a gross annual salary of $100,000 in Sioux Falls, SD, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Sioux Falls is $2,149, singles would have around $4,996 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Sioux Falls, SD, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Sioux Falls, SD in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Sioux Falls, SD |
|---|---|
| $30,000 | $208 |
| $40,000 | $941 |
| $50,000 | $1,675 |
| $60,000 | $2,396 |
| $70,000 | $3,046 |
| $80,000 | $3,696 |
| $90,000 | $4,346 |
| $100,000 | $4,996 |
| $110,000 | $5,645 |
| $120,000 | $6,278 |
| $130,000 | $6,911 |
| $140,000 | $7,545 |
| $150,000 | $8,178 |
| $175,000 | $9,761 |
| $200,000 | $11,318 |
| $250,000 | $14,139 |
| $300,000 | $16,847 |
| $350,000 | $19,555 |
| $400,000 | $22,264 |
| $450,000 | $24,972 |
| $500,000 | $27,680 |
Discretionary Income in Sioux Falls, SD 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
Sioux Falls, SD is ranked 8th 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 the most amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Sioux Falls, SD
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,168
Discretionary Income
$3,977
With a gross annual salary of $100,000 in Sioux Falls, SD, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Sioux Falls is $3,168, couples would have around $3,977 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Sioux Falls, SD, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Sioux Falls, SD in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Sioux Falls, SD |
|---|---|
| $30,000 | -$811 |
| $40,000 | -$78 |
| $50,000 | $656 |
| $60,000 | $1,377 |
| $70,000 | $2,027 |
| $80,000 | $2,677 |
| $90,000 | $3,327 |
| $100,000 | $3,977 |
| $110,000 | $4,626 |
| $120,000 | $5,259 |
| $130,000 | $5,892 |
| $140,000 | $6,526 |
| $150,000 | $7,159 |
| $175,000 | $8,742 |
| $200,000 | $10,299 |
| $250,000 | $13,120 |
| $300,000 | $15,828 |
| $350,000 | $18,536 |
| $400,000 | $21,179 |
| $450,000 | $23,804 |
| $500,000 | $26,429 |
Discretionary Income in Sioux Falls, SD 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
Sioux Falls, SD is ranked 10th 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 the most amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Sioux Falls, SD
Gross Salary
$8,333
Taxes
$927
Cost of Living
$3,135
Discretionary Income
$4,271
With a gross annual salary of $100,000 in Sioux Falls, SD, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Sioux Falls is $3,135, single parents would have around $4,271 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Sioux Falls, SD, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Sioux Falls, SD in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Sioux Falls, SD |
|---|---|
| $30,000 | -$712 |
| $40,000 | $32 |
| $50,000 | $766 |
| $60,000 | $1,499 |
| $70,000 | $2,232 |
| $80,000 | $2,966 |
| $90,000 | $3,621 |
| $100,000 | $4,271 |
| $110,000 | $4,921 |
| $120,000 | $5,565 |
| $130,000 | $6,198 |
| $140,000 | $6,831 |
| $150,000 | $7,465 |
| $175,000 | $9,048 |
| $200,000 | $10,631 |
| $250,000 | $13,484 |
| $300,000 | $16,197 |
| $350,000 | $18,906 |
| $400,000 | $21,614 |
| $450,000 | $24,322 |
| $500,000 | $27,031 |
Discretionary Income in Sioux Falls, SD 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
Sioux Falls, SD is ranked 9th 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 the most amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Sioux Falls, SD
Gross Salary
$8,333
Taxes
$686
Cost of Living
$4,426
Discretionary Income
$3,221
With a gross annual salary of $100,000 in Sioux Falls, SD, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Sioux Falls is $4,426, families would have around $3,221 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Sioux Falls, SD, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Sioux Falls, SD in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Sioux Falls, SD |
|---|---|
| $30,000 | -$1,945 |
| $40,000 | -$1,195 |
| $50,000 | -$446 |
| $60,000 | $287 |
| $70,000 | $1,021 |
| $80,000 | $1,754 |
| $90,000 | $2,487 |
| $100,000 | $3,221 |
| $110,000 | $3,954 |
| $120,000 | $4,664 |
| $130,000 | $5,314 |
| $140,000 | $5,964 |
| $150,000 | $6,614 |
| $175,000 | $8,239 |
| $200,000 | $9,864 |
| $250,000 | $13,061 |
| $300,000 | $16,228 |
| $350,000 | $19,394 |
| $400,000 | $22,507 |
| $450,000 | $25,340 |
| $500,000 | $28,149 |
The assessments presented on this website, including those related to crime, safety, cost of living, and other location characteristics (e.g., states, cities, towns, villages, neighborhoods, areas, landmarks), are based on various sources and our internal research methods. These assessments are not guaranteed to be accurate or complete and should not be used as the sole basis for making any decisions.