Louisiana, MO is a small town located in the Midwest region of the US. It is an affordable place to live with average 2 bedroom rent being $780, which is much lower than the national average of $1,430. It also has very low grocery costs with a Grocery Cost Index of 95 compared to the US' 100. The town has many local businesses such as Louisiana Market and Grill, Louisiana Drug, and Kilroy's Bakery. These businesses provide locals with goods and services that they need in their everyday lives. Other businesses include Central Bank of Louisiana, D & L Automotive Repair, and Redline Motors. All these businesses come together to make Louisiana a great place to live and work, while still providing its citizens with access to goods and services at reasonable prices.
Louisiana has an unemployment rate of 4.0%. The US average is 6.0%.
Louisiana has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Louisiana
- The Sales Tax Rate for Louisiana is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Louisiana 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 Louisiana
- The average income of a Louisiana resident is $22,320 a year. The US average is $37,638 a year.
- The Median household income of a Louisiana resident is $43,424 a year. The US average is $69,021 a year.