Missouri City, MO is an excellent place to live due to its lower costs of living than many other cities. The average two bedroom rent in Missouri City is $1,040 compared to the national average of $1,430. The grocery cost index in Missouri City is 95 compared with 100 for the United States, making food more accessible and affordable for families. There are various companies that operate within Missouri City such as Walmart, McDonalds, Walgreens and Kroger. Overall, Missouri City is an excellent choice for those looking for a city with a lower cost of living than other areas while still having access to quality stores and restaurants.
Missouri City has an unemployment rate of 4.2%. The US average is 6.0%.
Missouri City has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Missouri City
- The Sales Tax Rate for Missouri City is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Missouri City 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 Missouri City
- The average income of a Missouri City resident is $17,071 a year. The US average is $28,555 a year.
- The Median household income of a Missouri City resident is $41,042 a year. The US average is $69,021 a year.