Niagara, NY is a great place to live with affordable rental rates. According to the content above, 2 bedroom rent in Niagara, NY is $970 compared to the US average which is $1,430. Additionally, grocery cost index in Niagara is 97 versus 100 in the US. There are many local companies that offer quality services such as Niagaragas Energy Corporation, P&F Buses Inc., and Great Lakes Carpet Services Inc. The cost of living in Niagara, NY is significantly lower than most other places in the United States making it an attractive place to live.
Niagara has an unemployment rate of 7.7%. The US average is 6.0%.
Niagara has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Niagara
- The Sales Tax Rate for Niagara is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Niagara 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 Niagara
- The average income of a Niagara resident is $24,991 a year. The US average is $28,555 a year.
- The Median household income of a Niagara resident is $49,932 a year. The US average is $69,021 a year.