Discretionary Income in Nashville, 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
Nashville, TN is ranked 156th 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 Nashville, TN
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$4,073
Discretionary Income
$3,072
With a gross annual salary of $100,000 in Nashville, TN, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Nashville is $4,073, you would have around $3,072 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Nashville, TN, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Nashville, TN in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Nashville, TN |
|---|---|
| $30,000 | -$1,716 |
| $40,000 | -$982 |
| $50,000 | -$249 |
| $60,000 | $472 |
| $70,000 | $1,122 |
| $80,000 | $1,772 |
| $90,000 | $2,422 |
| $100,000 | $3,072 |
| $110,000 | $3,721 |
| $120,000 | $4,354 |
| $130,000 | $4,988 |
| $140,000 | $5,621 |
| $150,000 | $6,254 |
| $175,000 | $7,838 |
| $200,000 | $9,394 |
| $250,000 | $12,215 |
| $300,000 | $14,923 |
| $350,000 | $17,632 |
| $400,000 | $20,340 |
| $450,000 | $23,048 |
| $500,000 | $25,757 |
Discretionary Income in Nashville, 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
Nashville, TN is ranked 120th 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 Nashville, TN
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,685
Discretionary Income
$4,460
With a gross annual salary of $100,000 in Nashville, TN, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Nashville is $2,685, singles would have around $4,460 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Nashville, TN, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Nashville, TN in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Nashville, TN |
|---|---|
| $30,000 | -$328 |
| $40,000 | $405 |
| $50,000 | $1,139 |
| $60,000 | $1,860 |
| $70,000 | $2,510 |
| $80,000 | $3,160 |
| $90,000 | $3,810 |
| $100,000 | $4,460 |
| $110,000 | $5,109 |
| $120,000 | $5,742 |
| $130,000 | $6,375 |
| $140,000 | $7,009 |
| $150,000 | $7,642 |
| $175,000 | $9,225 |
| $200,000 | $10,782 |
| $250,000 | $13,603 |
| $300,000 | $16,311 |
| $350,000 | $19,020 |
| $400,000 | $21,728 |
| $450,000 | $24,436 |
| $500,000 | $27,145 |
Discretionary Income in Nashville, 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
Nashville, TN is ranked 152nd 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 Nashville, TN
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$4,015
Discretionary Income
$3,130
With a gross annual salary of $100,000 in Nashville, TN, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Nashville is $4,015, couples would have around $3,130 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Nashville, TN, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Nashville, TN in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Nashville, TN |
|---|---|
| $30,000 | -$1,658 |
| $40,000 | -$925 |
| $50,000 | -$192 |
| $60,000 | $530 |
| $70,000 | $1,180 |
| $80,000 | $1,830 |
| $90,000 | $2,480 |
| $100,000 | $3,130 |
| $110,000 | $3,778 |
| $120,000 | $4,412 |
| $130,000 | $5,045 |
| $140,000 | $5,678 |
| $150,000 | $6,312 |
| $175,000 | $7,895 |
| $200,000 | $9,451 |
| $250,000 | $12,273 |
| $300,000 | $14,981 |
| $350,000 | $17,689 |
| $400,000 | $20,332 |
| $450,000 | $22,957 |
| $500,000 | $25,582 |
Discretionary Income in Nashville, 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
Nashville, TN is ranked 158th 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 Nashville, TN
Gross Salary
$8,333
Taxes
$927
Cost of Living
$3,966
Discretionary Income
$3,441
With a gross annual salary of $100,000 in Nashville, TN, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Nashville is $3,966, single parents would have around $3,441 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Nashville, TN, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Nashville, TN in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Nashville, TN |
|---|---|
| $30,000 | -$1,542 |
| $40,000 | -$798 |
| $50,000 | -$65 |
| $60,000 | $669 |
| $70,000 | $1,402 |
| $80,000 | $2,135 |
| $90,000 | $2,791 |
| $100,000 | $3,441 |
| $110,000 | $4,091 |
| $120,000 | $4,734 |
| $130,000 | $5,368 |
| $140,000 | $6,001 |
| $150,000 | $6,634 |
| $175,000 | $8,218 |
| $200,000 | $9,801 |
| $250,000 | $12,654 |
| $300,000 | $15,367 |
| $350,000 | $18,075 |
| $400,000 | $20,784 |
| $450,000 | $23,492 |
| $500,000 | $26,200 |
Discretionary Income in Nashville, 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
Nashville, TN is ranked 189th 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 Nashville, TN
Gross Salary
$8,333
Taxes
$686
Cost of Living
$5,625
Discretionary Income
$2,022
With a gross annual salary of $100,000 in Nashville, TN, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Nashville is $5,625, families would have around $2,022 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Nashville, TN, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Nashville, TN in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Nashville, TN |
|---|---|
| $30,000 | -$3,144 |
| $40,000 | -$2,394 |
| $50,000 | -$1,645 |
| $60,000 | -$911 |
| $70,000 | -$178 |
| $80,000 | $555 |
| $90,000 | $1,289 |
| $100,000 | $2,022 |
| $110,000 | $2,755 |
| $120,000 | $3,465 |
| $130,000 | $4,115 |
| $140,000 | $4,765 |
| $150,000 | $5,415 |
| $175,000 | $7,040 |
| $200,000 | $8,665 |
| $250,000 | $11,862 |
| $300,000 | $15,029 |
| $350,000 | $18,196 |
| $400,000 | $21,308 |
| $450,000 | $24,142 |
| $500,000 | $26,951 |