Medora, IL is a small town located just south of Carbondale. It has a relaxed atmosphere with plenty to explore, including local businesses such as Medora Diner & Cafe, Medora Hardware Store, and Medora Automotive. The cost of living in Medora is quite affordable due to the lower rent rates and grocery cost index. The average 2 bedroom rent in Medora is $860 per month compared to the US average of $1,430 per month. Additionally, the Grocery Cost Index in Medora is 95 versus 100 in the US. This makes Medora an attractive place for those looking for more affordable housing options without sacrificing quality of life.
Medora has an unemployment rate of 5.0%. The US average is 6.0%.
Medora has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Medora
- The Sales Tax Rate for Medora is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Medora 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 Medora
- The average income of a Medora resident is $19,134 a year. The US average is $28,555 a year.
- The Median household income of a Medora resident is $64,583 a year. The US average is $69,021 a year.