Mexico, NY is a small town in New York State with a rich history. It boasts several local companies such as the Mexico Dairy Farm, Mexico Point Marina and Oswego County Tourism. The area also features an array of attractions, including historic landmarks, parks, trails and beaches. With a grocery cost index of 98 compared to 100 in the U.S., residents of Mexico, NY can benefit from lower costs for food items. Additionally, rent for 2 bedroom apartments in Mexico is only $1,000 compared to the national average of $1,430 per month making it an affordable place to live.
Mexico has an unemployment rate of 7.5%. The US average is 6.0%.
Mexico has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Mexico
- The Sales Tax Rate for Mexico is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Mexico is 6.5%. 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 $26,228 a year. The US average is $28,555 a year.
- The Median household income of a Mexico resident is $62,734 a year. The US average is $69,021 a year.