Manchester, OK is an affordable place to live. The two bedroom rent in Manchester is $750, while the cost of two bedroom rent across the US is $1,430. This makes Manchester almost half the price of living in other parts of the US. While Manchester has a slightly lower grocery cost index than the national average (97 vs 100), it still has plenty to offer in terms of amenities and attractions. Businesses such as Walmart and Dollar General are located here, and there are a variety of restaurants throughout the city. Residents can also take advantage of nearby Lake Texoma for recreational activities like fishing or camping. With its low cost of living and rich local culture, Manchester is an attractive option for people looking to make a home in Oklahoma.
Manchester has an unemployment rate of 2.4%. The US average is 6.0%.
Manchester has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 0.6%, which is lower than the US average of 33.5%.
Tax Rates for Manchester
- The Sales Tax Rate for Manchester is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Manchester is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Manchester
- The average income of a Manchester resident is $16,231 a year. The US average is $28,555 a year.
- The Median household income of a Manchester resident is $57,969 a year. The US average is $69,021 a year.