Lansing, IA is an affordable area to live with low rent costs. The average 2-bedroom rent here is only $780 per month compared to the US average of $1,430. Groceries are also more affordable in Lansing due to the lower cost index of 96 versus 100 nationally. Newcomers to Lansing have plenty of options when it comes to local businesses. There are restaurants like Hickory Park, La Regia Taqueria, and Shanghai Chinese Restaurant. Shopping fans can find great deals at Marshalls or Kohl’s Department Stores. To save even more money on groceries, newcomers should visit a store like Fareway or Hy-Vee for weekly specials and discounts. There’s something for everyone in Lansing!
Lansing has an unemployment rate of 5.9%. The US average is 6.0%.
Lansing has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Lansing
- The Sales Tax Rate for Lansing is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lansing is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lansing
- The average income of a Lansing resident is $22,607 a year. The US average is $28,555 a year.
- The Median household income of a Lansing resident is $43,333 a year. The US average is $69,021 a year.