Sedalia, CO is an attractive area to live due to its low rent prices. With a two bedroom apartment costing only $1,720 per month, the cost of living in Sedalia is much lower than in other parts of the United States where two bedroom apartments can easily cost over $1,430. In addition to affordable rent prices, Sedalia also has a grocery cost index that is slightly higher than the national average at 105 versus 100 in the US. The town also has several local businesses that provide employment opportunities for its residents such as Eagle Ridge Energy Solutions and Horizon Equity Solutions. All these factors make Sedalia an ideal town to settle down in due to its low cost of living and abundant job opportunities.
Sedalia has an unemployment rate of 5.4%. The US average is 6.0%.
Sedalia has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Sedalia
- The Sales Tax Rate for Sedalia is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Sedalia 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 Sedalia
- The average income of a Sedalia resident is $56,419 a year. The US average is $28,555 a year.
- The Median household income of a Sedalia resident is $95,859 a year. The US average is $69,021 a year.