Peru, IN is a small town located in Northern Indiana. It's known for its peaceful atmosphere and friendly locals. Local businesses include Peru Mall, Maple Row Shopping Center, Theaters at Peru 8, and C&A Tool. The cost of living in Peru is quite affordable compared to other parts of the country. Rent for a two-bedroom apartment averages $840 per month while the US average is $1,430. Grocery costs are also lower with an index of 91 compared to the national average of 100. All these factors make Peru a great place to live for those who want to enjoy a low-cost yet comfortable lifestyle.
Peru has an unemployment rate of 5.2%. The US average is 6.0%.
Peru has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Peru
- The Sales Tax Rate for Peru is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Peru is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Peru
- The average income of a Peru resident is $18,757 a year. The US average is $28,555 a year.
- The Median household income of a Peru resident is $42,668 a year. The US average is $69,021 a year.