Santa Maria, CA is a great place to live due to its lower cost of living compared to the US. The average rent for a two bedroom apartment in Santa Maria is $2,360, which is significantly less than the national average of $1,430. Groceries are also more affordable in Santa Maria with an index score of 103 versus 100 in the US. Additionally, there are many local businesses in Santa Maria that can provide further savings. Some notable companies include Walmart, Target, Pacific Harvest Seafood Market and New China Restaurant. All in all, Santa Maria provides a high quality of life at an affordable price.
Santa Maria has an unemployment rate of 11.6%. The US average is 6.0%.
Santa Maria 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 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Santa Maria
- The Sales Tax Rate for Santa Maria is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Santa Maria 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 Santa Maria
- The average income of a Santa Maria resident is $18,509 a year. The US average is $28,555 a year.
- The Median household income of a Santa Maria resident is $73,300 a year. The US average is $69,021 a year.