Laddonia, MO is a small town that offers affordable living options to its residents. The two bedroom rent in Laddonia is $770 compared to the national average of $1430 which is much lower than the US average. Grocery costs are also very competitive with an index of 92 versus the US average of 100, making it more affordable to purchase goods for daily necessities. There are some local businesses in Laddonia including a hardware store, repair shop and grocery store offering products and services at competitive prices. Overall, Laddonia offers an inexpensive option for those wishing to live in a small town with low rental rates and grocery prices.
Laddonia has an unemployment rate of 3.7%. The US average is 6.0%.
Laddonia has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Laddonia
- The Sales Tax Rate for Laddonia is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Laddonia is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Laddonia
- The average income of a Laddonia resident is $19,146 a year. The US average is $28,555 a year.
- The Median household income of a Laddonia resident is $46,250 a year. The US average is $69,021 a year.