Paul, Idaho is a small city with plenty of charm and character. The cost of living in Paul is relatively low, especially when it comes to housing. A two bedroom rental averages around $840 per month, which is almost half the U.S. average. Additionally, the Grocery Cost Index in Paul is 91, significantly lower than the U.S. index of 100. This makes the town an attractive option for homeowners and renters alike looking to save money while having access to all the amenities they need. Local businesses include The Rock Store & Bistro, a restaurant specializing in American cuisine; Paul Family Medical Clinic, offering medical care for residents; Big O Tires Paul Location, providing tires and automotive services; and Cache Valley Bank North Branch located on Main Street that offers banking services for locals.
Paul has an unemployment rate of 3.3%. The US average is 6.0%.
Paul has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.
Tax Rates for Paul
- The Sales Tax Rate for Paul is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Paul is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Paul
- The average income of a Paul resident is $21,757 a year. The US average is $28,555 a year.
- The Median household income of a Paul resident is $54,375 a year. The US average is $69,021 a year.