Mexico, MO is a charming town located in Audrain County. It offers an affordable cost of living with two-bedroom rent only at $780 and grocery costs at 94 on the index compared to 100 in the US. Mexico is home to many popular businesses such as Northpark Mall, Walmart Supercenter, Lowe’s Home Improvement, and Show Me Lanes Bowling Center. It also has several parks, such as Lorene Ramsey Park and Matthew Gaunt Memorial Park for outdoor recreation. Mexico has something for everyone – shopping opportunities, restaurants for dining out, and plenty of outdoor activities to enjoy.
Mexico has an unemployment rate of 3.7%. The US average is 6.0%.
Mexico 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 Mexico
- The Sales Tax Rate for Mexico is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Mexico 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 Mexico
- The average income of a Mexico resident is $20,250 a year. The US average is $28,555 a year.
- The Median household income of a Mexico resident is $43,669 a year. The US average is $69,021 a year.