Discretionary Income in Virginia Beach, VA 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
Virginia Beach, VA is ranked 203rd 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 Virginia Beach, VA
Gross Salary
$8,333
Taxes
$1,663
Cost of Living
$3,813
Discretionary Income
$2,857
With a gross annual salary of $100,000 in Virginia Beach, VA, you would need to deduct approximately $1,663 per month for taxes. Given that the average cost of living in Virginia Beach is $3,813, you would have around $2,857 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Virginia Beach, VA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Virginia Beach, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Virginia Beach, VA |
|---|---|
| $30,000 | -$1,582 |
| $40,000 | -$898 |
| $50,000 | -$215 |
| $60,000 | $457 |
| $70,000 | $1,057 |
| $80,000 | $1,657 |
| $90,000 | $2,257 |
| $100,000 | $2,857 |
| $110,000 | $3,455 |
| $120,000 | $4,039 |
| $130,000 | $4,622 |
| $140,000 | $5,205 |
| $150,000 | $5,789 |
| $175,000 | $7,247 |
| $200,000 | $8,678 |
| $250,000 | $11,249 |
| $300,000 | $13,708 |
| $350,000 | $16,166 |
| $400,000 | $18,624 |
| $450,000 | $21,083 |
| $500,000 | $23,541 |
Discretionary Income in Virginia Beach, VA 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
Virginia Beach, VA is ranked 202nd 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 Virginia Beach, VA
Gross Salary
$8,333
Taxes
$1,663
Cost of Living
$2,520
Discretionary Income
$4,150
With a gross annual salary of $100,000 in Virginia Beach, VA, a single person would need to deduct approximately $1,663 per month for taxes. Considering the average cost of living in Virginia Beach is $2,520, singles would have around $4,150 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Virginia Beach, VA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Virginia Beach, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Virginia Beach, VA |
|---|---|
| $30,000 | -$288 |
| $40,000 | $396 |
| $50,000 | $1,079 |
| $60,000 | $1,750 |
| $70,000 | $2,350 |
| $80,000 | $2,950 |
| $90,000 | $3,550 |
| $100,000 | $4,150 |
| $110,000 | $4,749 |
| $120,000 | $5,332 |
| $130,000 | $5,916 |
| $140,000 | $6,499 |
| $150,000 | $7,082 |
| $175,000 | $8,541 |
| $200,000 | $9,972 |
| $250,000 | $12,543 |
| $300,000 | $15,002 |
| $350,000 | $17,460 |
| $400,000 | $19,918 |
| $450,000 | $22,377 |
| $500,000 | $24,835 |
Discretionary Income in Virginia Beach, VA 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
Virginia Beach, VA is ranked 190th 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 Virginia Beach, VA
Gross Salary
$8,333
Taxes
$1,663
Cost of Living
$3,720
Discretionary Income
$2,950
With a gross annual salary of $100,000 in Virginia Beach, VA, a couple would need to deduct approximately $1,663 per month for taxes. Considering the average cost of living in Virginia Beach is $3,720, couples would have around $2,950 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Virginia Beach, VA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Virginia Beach, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Virginia Beach, VA |
|---|---|
| $30,000 | -$1,488 |
| $40,000 | -$805 |
| $50,000 | -$121 |
| $60,000 | $550 |
| $70,000 | $1,150 |
| $80,000 | $1,750 |
| $90,000 | $2,350 |
| $100,000 | $2,950 |
| $110,000 | $3,549 |
| $120,000 | $4,132 |
| $130,000 | $4,716 |
| $140,000 | $5,299 |
| $150,000 | $5,882 |
| $175,000 | $7,341 |
| $200,000 | $8,772 |
| $250,000 | $11,343 |
| $300,000 | $13,801 |
| $350,000 | $16,260 |
| $400,000 | $18,653 |
| $450,000 | $21,028 |
| $500,000 | $23,403 |
Discretionary Income in Virginia Beach, VA 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
Virginia Beach, VA is ranked 206th 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 Virginia Beach, VA
Gross Salary
$8,333
Taxes
$1,402
Cost of Living
$3,713
Discretionary Income
$3,218
With a gross annual salary of $100,000 in Virginia Beach, VA, a single parent would need to deduct approximately $1,402 per month for taxes. Considering the average cost of living in Virginia Beach is $3,713, single parents would have around $3,218 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Virginia Beach, VA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Virginia Beach, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Virginia Beach, VA |
|---|---|
| $30,000 | -$1,415 |
| $40,000 | -$721 |
| $50,000 | -$38 |
| $60,000 | $646 |
| $70,000 | $1,329 |
| $80,000 | $2,012 |
| $90,000 | $2,618 |
| $100,000 | $3,218 |
| $110,000 | $3,818 |
| $120,000 | $4,411 |
| $130,000 | $4,995 |
| $140,000 | $5,578 |
| $150,000 | $6,161 |
| $175,000 | $7,620 |
| $200,000 | $9,078 |
| $250,000 | $11,681 |
| $300,000 | $14,144 |
| $350,000 | $16,603 |
| $400,000 | $19,061 |
| $450,000 | $21,519 |
| $500,000 | $23,978 |
Discretionary Income in Virginia Beach, VA 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
Virginia Beach, VA is ranked 214th 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 Virginia Beach, VA
Gross Salary
$8,333
Taxes
$1,161
Cost of Living
$5,301
Discretionary Income
$1,871
With a gross annual salary of $100,000 in Virginia Beach, VA, a family would need to deduct approximately $1,161 per month for taxes. Considering the average cost of living in Virginia Beach is $5,301, families would have around $1,871 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Virginia Beach, VA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Virginia Beach, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Virginia Beach, VA |
|---|---|
| $30,000 | -$2,945 |
| $40,000 | -$2,245 |
| $50,000 | -$1,545 |
| $60,000 | -$862 |
| $70,000 | -$179 |
| $80,000 | $505 |
| $90,000 | $1,188 |
| $100,000 | $1,871 |
| $110,000 | $2,555 |
| $120,000 | $3,214 |
| $130,000 | $3,814 |
| $140,000 | $4,414 |
| $150,000 | $5,014 |
| $175,000 | $6,514 |
| $200,000 | $8,014 |
| $250,000 | $10,962 |
| $300,000 | $13,878 |
| $350,000 | $16,795 |
| $400,000 | $19,658 |
| $450,000 | $22,241 |
| $500,000 | $24,800 |