Pacific Grove, CA is a great place to live and work. Not only does it have a low cost of living with two bedroom rents averaging $3,680 compared to the US average of $1,430, but it also has a high grocery cost index of 112 compared to the US standard of 100. If you are looking for an affordable place to live with access to great amenities and businesses then Pacific Grove may be ideal for you. Some local companies that residents can patronize include the Monterey Bay Aquarium, Pacific Grove Museum of Natural History, Lovers Point Park, and the Monarch Grocery Store. With so many attractions and businesses nearby, Pacific Grove has something for everyone!
Pacific Grove has an unemployment rate of 10.4%. The US average is 6.0%.
Pacific Grove has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Pacific Grove
- The Sales Tax Rate for Pacific Grove is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Pacific Grove is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pacific Grove
- The average income of a Pacific Grove resident is $46,690 a year. The US average is $28,555 a year.
- The Median household income of a Pacific Grove resident is $92,980 a year. The US average is $69,021 a year.