Potosi, MO is an affordable small town located in Washington County with a large number of local companies. At an average of $740 for two-bedroom rent, it is significantly lower than the US average at $1,430. This makes it an attractive place for families and individuals to live on a budget. Grocery costs are lower in Potosi as well, with their grocery cost index being 93 compared to 100 in the rest of the US. Local businesses include Abbie’s Restaurant and Bakery, The Country Mart Grocery Store, and Boley’s Tire Pros & Automotive Service. There are also many local farms where residents can buy fresh produce and other goods directly from the source. Potosi is truly a great place to live and work!
Potosi has an unemployment rate of 6.0%. The US average is 6.0%.
Potosi has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Potosi
- The Sales Tax Rate for Potosi is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Potosi 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 Potosi
- The average income of a Potosi resident is $14,624 a year. The US average is $28,555 a year.
- The Median household income of a Potosi resident is $33,865 a year. The US average is $69,021 a year.