San Luis, CO is an attractive place to live due to its relatively low rent and cost of living. A two bedroom apartment in San Luis is only $900 per month, compared to the U.S. rate of $1,430 per month. The grocery cost index in San Luis is 99 versus 100 in the US, which makes living costs more affordable for those who choose to settle in this city. Living in San Luis also means access to a number of different companies that contribute to the area’s economy. These include Clearview Realty Solutions, M3 Engineering & Technology Corporation, Westland Moving & Storage Co., Aspen Valley Construction Co., and High Plains Plumbing & Heating Inc.
San Luis has an unemployment rate of 7.5%. The US average is 6.0%.
San Luis has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 67.6%, which is higher than the US average of 33.5%.
Tax Rates for San Luis
- The Sales Tax Rate for San Luis is 3.9%. The US average is 7.3%.
- The Income Tax Rate for San Luis is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for San Luis
- The average income of a San Luis resident is $17,508 a year. The US average is $37,638 a year.
- The Median household income of a San Luis resident is $26,620 a year. The US average is $69,021 a year.