Discretionary Income in Chattanooga, TN 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
Chattanooga, TN is ranked 30th 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 Chattanooga, TN
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,505
Discretionary Income
$3,640
With a gross annual salary of $100,000 in Chattanooga, TN, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Chattanooga is $3,505, you would have around $3,640 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Chattanooga, TN, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Chattanooga, TN in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Chattanooga, TN |
|---|---|
| $30,000 | -$1,148 |
| $40,000 | -$415 |
| $50,000 | $318 |
| $60,000 | $1,040 |
| $70,000 | $1,690 |
| $80,000 | $2,340 |
| $90,000 | $2,990 |
| $100,000 | $3,640 |
| $110,000 | $4,288 |
| $120,000 | $4,922 |
| $130,000 | $5,555 |
| $140,000 | $6,188 |
| $150,000 | $6,822 |
| $175,000 | $8,405 |
| $200,000 | $9,961 |
| $250,000 | $12,783 |
| $300,000 | $15,491 |
| $350,000 | $18,199 |
| $400,000 | $20,908 |
| $450,000 | $23,616 |
| $500,000 | $26,324 |
Discretionary Income in Chattanooga, TN 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
Chattanooga, TN is ranked 29th 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 Chattanooga, TN
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,342
Discretionary Income
$4,803
With a gross annual salary of $100,000 in Chattanooga, TN, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Chattanooga is $2,342, singles would have around $4,803 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Chattanooga, TN, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Chattanooga, TN in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Chattanooga, TN |
|---|---|
| $30,000 | $15 |
| $40,000 | $749 |
| $50,000 | $1,482 |
| $60,000 | $2,203 |
| $70,000 | $2,853 |
| $80,000 | $3,503 |
| $90,000 | $4,153 |
| $100,000 | $4,803 |
| $110,000 | $5,452 |
| $120,000 | $6,085 |
| $130,000 | $6,719 |
| $140,000 | $7,352 |
| $150,000 | $7,985 |
| $175,000 | $9,569 |
| $200,000 | $11,125 |
| $250,000 | $13,946 |
| $300,000 | $16,655 |
| $350,000 | $19,363 |
| $400,000 | $22,071 |
| $450,000 | $24,780 |
| $500,000 | $27,488 |
Discretionary Income in Chattanooga, TN 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
Chattanooga, TN is ranked 38th 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 Chattanooga, TN
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,515
Discretionary Income
$3,630
With a gross annual salary of $100,000 in Chattanooga, TN, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Chattanooga is $3,515, couples would have around $3,630 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Chattanooga, TN, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Chattanooga, TN in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Chattanooga, TN |
|---|---|
| $30,000 | -$1,158 |
| $40,000 | -$424 |
| $50,000 | $309 |
| $60,000 | $1,030 |
| $70,000 | $1,680 |
| $80,000 | $2,330 |
| $90,000 | $2,980 |
| $100,000 | $3,630 |
| $110,000 | $4,279 |
| $120,000 | $4,912 |
| $130,000 | $5,546 |
| $140,000 | $6,179 |
| $150,000 | $6,812 |
| $175,000 | $8,396 |
| $200,000 | $9,952 |
| $250,000 | $12,773 |
| $300,000 | $15,481 |
| $350,000 | $18,190 |
| $400,000 | $20,833 |
| $450,000 | $23,458 |
| $500,000 | $26,083 |
Discretionary Income in Chattanooga, TN 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
Chattanooga, TN is ranked 29th 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 Chattanooga, TN
Gross Salary
$8,333
Taxes
$927
Cost of Living
$3,377
Discretionary Income
$4,029
With a gross annual salary of $100,000 in Chattanooga, TN, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Chattanooga is $3,377, single parents would have around $4,029 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Chattanooga, TN, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Chattanooga, TN in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Chattanooga, TN |
|---|---|
| $30,000 | -$954 |
| $40,000 | -$210 |
| $50,000 | $524 |
| $60,000 | $1,257 |
| $70,000 | $1,990 |
| $80,000 | $2,724 |
| $90,000 | $3,379 |
| $100,000 | $4,029 |
| $110,000 | $4,679 |
| $120,000 | $5,323 |
| $130,000 | $5,956 |
| $140,000 | $6,589 |
| $150,000 | $7,223 |
| $175,000 | $8,806 |
| $200,000 | $10,389 |
| $250,000 | $13,242 |
| $300,000 | $15,955 |
| $350,000 | $18,664 |
| $400,000 | $21,372 |
| $450,000 | $24,080 |
| $500,000 | $26,789 |
Discretionary Income in Chattanooga, TN 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
Chattanooga, TN is ranked 39th 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 Chattanooga, TN
Gross Salary
$8,333
Taxes
$686
Cost of Living
$4,788
Discretionary Income
$2,859
With a gross annual salary of $100,000 in Chattanooga, TN, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Chattanooga is $4,788, families would have around $2,859 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Chattanooga, TN, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Chattanooga, TN in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Chattanooga, TN |
|---|---|
| $30,000 | -$2,307 |
| $40,000 | -$1,557 |
| $50,000 | -$807 |
| $60,000 | -$74 |
| $70,000 | $659 |
| $80,000 | $1,393 |
| $90,000 | $2,126 |
| $100,000 | $2,859 |
| $110,000 | $3,593 |
| $120,000 | $4,302 |
| $130,000 | $4,952 |
| $140,000 | $5,602 |
| $150,000 | $6,252 |
| $175,000 | $7,877 |
| $200,000 | $9,502 |
| $250,000 | $12,700 |
| $300,000 | $15,866 |
| $350,000 | $19,033 |
| $400,000 | $22,146 |
| $450,000 | $24,979 |
| $500,000 | $27,788 |
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.