Mastodon, MI is a small town located in Michigan with a bustling community of friendly residents. The cost of living in Mastodon is relatively low compared to other cities around the US. For example, 2 bedroom rent averages $780 a month in Mastodon versus $1,430 in the US. Grocery Cost Index also tends to be lower than the US average – 90 in Mastodon versus 100 nationwide.
The area boasts many local businesses such as Anderson’s Appliances, Montry's Discount Store and J & M Computer Services. These businesses provide great services for the local community at more favorable rates than larger chains outside of Mastodon. Overall, living in Mastodon can be an affordable and enjoyable option for families or individuals looking to stay close to home.
Mastodon has an unemployment rate of 6.8%. The US average is 6.0%.
Mastodon 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 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Mastodon
- The Sales Tax Rate for Mastodon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mastodon is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mastodon
- The average income of a Mastodon resident is $25,361 a year. The US average is $28,555 a year.
- The Median household income of a Mastodon resident is $40,972 a year. The US average is $69,021 a year.