disposable income

noun

: income that is left after paying taxes and for things that are essential, such as food and housing

I don't have enough disposable income to buy such luxuries.

Examples of disposable income in a Sentence

Recent Examples on the Web

These consumers are bored with sameness, have been largely ignored by the current luxury market, and possess the disposable income and taste to demand something different. —Timothy Papandreou, Forbes, 4 Dec. 2024

These spending estimates come as Michigan has been facing some challenging economic conditions, such as persistent inflation, a climbing unemployment rate and declining real disposable income for workers. —Adrienne Roberts, Detroit Free Press, 29 Nov. 2024

However, the ills of over-tourism persist, affecting locals’ quality of life and disposable income as a growing share of major cities’ accommodation goes towards short-term lets servicing travelers. —Ryan Hogg, Fortune Europe, 20 Oct. 2024

In other words, the majority of Gen Z’s disposable income is up for grabs. —Jeff Fromm, Forbes, 10 Dec. 2024

Legal Definition

disposable income

noun

dis·​pos·​able income

: income available for disposal: as

a

: the income remaining to an individual after deduction of taxes

b

: the income of a debtor in bankruptcy that is not necessary to support the debtor or the debtor's dependents