Nevada, MO is a beautiful city located in Vernon County, Missouri. The cost of living in Nevada, MO is lower than the national average, with the median rent for a 2 bedroom apartment being $790 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Nevada is 92 versus 100 in the US.
The city of Nevada has many great local businesses that are worth checking out. Some notable companies include Vern's Hardware & Rental Supplies, Purdy's Carpet Cleaning and Frye's Auto Repair. There are also plenty of local amenities to enjoy such as Mt. Rose Park with its walking trails and picnic areas, and Wildwood Hills Golf Course which offers an 18-hole championship golf course with views of both Lake Thunderhead and the surrounding countryside.
Nevada has an unemployment rate of 3.5%. The US average is 6.0%.
Nevada has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Nevada
- The Sales Tax Rate for Nevada is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Nevada 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 Nevada
- The average income of a Nevada resident is $17,027 a year. The US average is $28,555 a year.
- The Median household income of a Nevada resident is $42,126 a year. The US average is $69,021 a year.