Sullivan, MI is an ideal place to reside for those looking for a cost-effective lifestyle. According to the content provided, 2 bedroom rent in Sullivan, MI is $1,020 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Sullivan is 95 versus 100 in the US. This indicates that living in Sullivan can be more affordable than many other parts of the country.
The city of Sullivan has a number of local companies such as Cherry Capital Foods and TLC Home Care which provide citizens with job opportunities and support for their cost-friendly living needs. In addition to this, there are also several local businesses which offer services such as outdoor recreation activities and events at a reasonable price. This allows Sullivan residents to enjoy all that their city has to offer without breaking the bank.
Overall,Sullivan provides its citizens with an affordable lifestyle by providing lower rental costs and lower grocery prices when compared to other parts of the country. The presence of local businesses also contributes to making money stretch further while still enjoying all that this small town has to offer.
Sullivan has an unemployment rate of 7.5%. The US average is 6.0%.
Sullivan has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Sullivan
- The Sales Tax Rate for Sullivan is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sullivan 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 Sullivan
- The average income of a Sullivan resident is $24,804 a year. The US average is $28,555 a year.
- The Median household income of a Sullivan resident is $56,656 a year. The US average is $69,021 a year.