Discretionary Income in Salt Lake City, UT 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
Salt Lake City, UT is ranked 197th 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 Salt Lake City, UT
Gross Salary
$8,333
Taxes
$1,593
Cost of Living
$3,838
Discretionary Income
$2,903
With a gross annual salary of $100,000 in Salt Lake City, UT, you would need to deduct approximately $1,593 per month for taxes. Given that the average cost of living in Salt Lake City is $3,838, you would have around $2,903 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Salt Lake City, UT, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Salt Lake City, UT in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salt Lake City, UT |
|---|---|
| $30,000 | -$1,602 |
| $40,000 | -$909 |
| $50,000 | -$216 |
| $60,000 | $465 |
| $70,000 | $1,074 |
| $80,000 | $1,684 |
| $90,000 | $2,294 |
| $100,000 | $2,903 |
| $110,000 | $3,511 |
| $120,000 | $4,104 |
| $130,000 | $4,697 |
| $140,000 | $5,290 |
| $150,000 | $5,883 |
| $175,000 | $7,365 |
| $200,000 | $8,821 |
| $250,000 | $11,440 |
| $300,000 | $13,946 |
| $350,000 | $16,452 |
| $400,000 | $18,958 |
| $450,000 | $21,465 |
| $500,000 | $23,971 |
Discretionary Income in Salt Lake City, UT 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
Salt Lake City, UT is ranked 191st 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 Salt Lake City, UT
Gross Salary
$8,333
Taxes
$1,593
Cost of Living
$2,530
Discretionary Income
$4,210
With a gross annual salary of $100,000 in Salt Lake City, UT, a single person would need to deduct approximately $1,593 per month for taxes. Considering the average cost of living in Salt Lake City is $2,530, singles would have around $4,210 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Salt Lake City, UT, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Salt Lake City, UT in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salt Lake City, UT |
|---|---|
| $30,000 | -$295 |
| $40,000 | $398 |
| $50,000 | $1,091 |
| $60,000 | $1,772 |
| $70,000 | $2,382 |
| $80,000 | $2,991 |
| $90,000 | $3,601 |
| $100,000 | $4,210 |
| $110,000 | $4,819 |
| $120,000 | $5,412 |
| $130,000 | $6,004 |
| $140,000 | $6,597 |
| $150,000 | $7,190 |
| $175,000 | $8,673 |
| $200,000 | $10,128 |
| $250,000 | $12,747 |
| $300,000 | $15,253 |
| $350,000 | $17,759 |
| $400,000 | $20,266 |
| $450,000 | $22,772 |
| $500,000 | $25,278 |
Discretionary Income in Salt Lake City, UT 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
Salt Lake City, UT is ranked 195th 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 Salt Lake City, UT
Gross Salary
$8,333
Taxes
$1,593
Cost of Living
$3,797
Discretionary Income
$2,944
With a gross annual salary of $100,000 in Salt Lake City, UT, a couple would need to deduct approximately $1,593 per month for taxes. Considering the average cost of living in Salt Lake City is $3,797, couples would have around $2,944 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Salt Lake City, UT, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Salt Lake City, UT in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salt Lake City, UT |
|---|---|
| $30,000 | -$1,561 |
| $40,000 | -$868 |
| $50,000 | -$175 |
| $60,000 | $506 |
| $70,000 | $1,115 |
| $80,000 | $1,725 |
| $90,000 | $2,334 |
| $100,000 | $2,944 |
| $110,000 | $3,552 |
| $120,000 | $4,145 |
| $130,000 | $4,738 |
| $140,000 | $5,331 |
| $150,000 | $5,924 |
| $175,000 | $7,406 |
| $200,000 | $8,861 |
| $250,000 | $11,480 |
| $300,000 | $13,987 |
| $350,000 | $16,493 |
| $400,000 | $18,934 |
| $450,000 | $21,357 |
| $500,000 | $23,780 |
Discretionary Income in Salt Lake City, UT 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
Salt Lake City, UT is ranked 203rd 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 Salt Lake City, UT
Gross Salary
$8,333
Taxes
$1,331
Cost of Living
$3,768
Discretionary Income
$3,234
With a gross annual salary of $100,000 in Salt Lake City, UT, a single parent would need to deduct approximately $1,331 per month for taxes. Considering the average cost of living in Salt Lake City is $3,768, single parents would have around $3,234 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Salt Lake City, UT, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Salt Lake City, UT in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salt Lake City, UT |
|---|---|
| $30,000 | -$1,466 |
| $40,000 | -$762 |
| $50,000 | -$69 |
| $60,000 | $624 |
| $70,000 | $1,316 |
| $80,000 | $2,009 |
| $90,000 | $2,624 |
| $100,000 | $3,234 |
| $110,000 | $3,844 |
| $120,000 | $4,447 |
| $130,000 | $5,040 |
| $140,000 | $5,633 |
| $150,000 | $6,225 |
| $175,000 | $7,708 |
| $200,000 | $9,190 |
| $250,000 | $11,841 |
| $300,000 | $14,352 |
| $350,000 | $16,858 |
| $400,000 | $19,365 |
| $450,000 | $21,871 |
| $500,000 | $24,377 |
Discretionary Income in Salt Lake City, UT 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
Salt Lake City, UT is ranked 197th 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 Salt Lake City, UT
Gross Salary
$8,333
Taxes
$1,091
Cost of Living
$5,255
Discretionary Income
$1,987
With a gross annual salary of $100,000 in Salt Lake City, UT, a family would need to deduct approximately $1,091 per month for taxes. Considering the average cost of living in Salt Lake City is $5,255, families would have around $1,987 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Salt Lake City, UT, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Salt Lake City, UT in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salt Lake City, UT |
|---|---|
| $30,000 | -$2,896 |
| $40,000 | -$2,186 |
| $50,000 | -$1,477 |
| $60,000 | -$784 |
| $70,000 | -$91 |
| $80,000 | $602 |
| $90,000 | $1,295 |
| $100,000 | $1,987 |
| $110,000 | $2,680 |
| $120,000 | $3,350 |
| $130,000 | $3,959 |
| $140,000 | $4,569 |
| $150,000 | $5,178 |
| $175,000 | $6,702 |
| $200,000 | $8,226 |
| $250,000 | $11,222 |
| $300,000 | $14,186 |
| $350,000 | $17,151 |
| $400,000 | $20,061 |
| $450,000 | $22,693 |
| $500,000 | $25,299 |