Bristol, SD is a city with a low cost of living. The average rent for a two bedroom apartment in Bristol is only $840, while the same size apartment can be up to $1,430 in the US. Additionally, the Grocery Cost Index in Bristol is 97 compared to 100 nationally. Therefore, living in Bristol can help you save money on basic necessities. In terms of business opportunities, Bristol offers small businesses such as Stanton's Grocery and Hardware Store, and Stone Bank Farm Equipment Repair Shop. With its low cost of living and local businesses, Bristol is an attractive option for those looking to stretch their budget without sacrificing quality life.
Bristol has an unemployment rate of 5.5%. The US average is 6.0%.
Bristol has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Bristol
- The Sales Tax Rate for Bristol is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Bristol is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bristol
- The average income of a Bristol resident is $19,451 a year. The US average is $28,555 a year.
- The Median household income of a Bristol resident is $56,667 a year. The US average is $69,021 a year.