Plymouth, MA is a great choice for those looking for an affordable place to live and work. The cost of renting a two-bedroom apartment in Plymouth is $2,250, significantly less than the national average of $1,430. Grocery costs are also lower than average with an index score of 108 versus the US average at 100. Living in Plymouth is relatively inexpensive compared to other places in the US.
Plymouth is home to several large companies such as American Paper Products Co., Crane & Co., and Save-A-Lot Supermarkets Inc. The area also houses many smaller businesses ranging from automotive stores to home repair services. With so many businesses calling Plymouth home, job opportunities abound throughout the city and beyond.
All in all, Plymouth has something for everyone — whether you’re looking for an affordable place to live or a career opportunity. Its low cost of living when compared to other areas makes it an attractive destination for those seeking financial stability while still having access to all the benefits of living close to the big city.
Plymouth has an unemployment rate of 7.1%. The US average is 6.0%.
Plymouth has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.
Tax Rates for Plymouth
- The Sales Tax Rate for Plymouth is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Plymouth is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Plymouth
- The average income of a Plymouth resident is $36,700 a year. The US average is $28,555 a year.
- The Median household income of a Plymouth resident is $97,956 a year. The US average is $69,021 a year.