Cut Off, LA is a great place to call home. The rent for two bedrooms is much lower than the national average at $1,090 compared to $1,430. It's also much more affordable when it comes to grocery shopping as Cut Off's Grocery Cost Index is 94 compared to 100 in the US. Because of this, locals can save money on basic necessities which is always a plus! There are plenty of local companies in Cut Off such as Domino's Pizza and Rouses Supermarket that keep the community vibrant. With its cheaper cost of living compared to everywhere else, Cut Off offers a great option for those looking for an affordable place to live.
Cut Off has an unemployment rate of 5.0%. The US average is 6.0%.
Cut Off has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Cut Off
- The Sales Tax Rate for Cut Off is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Cut Off is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cut Off
- The average income of a Cut Off resident is $24,851 a year. The US average is $28,555 a year.
- The Median household income of a Cut Off resident is $74,920 a year. The US average is $69,021 a year.