The small village of Pesotum, IL is a great choice for those looking for a low-cost living option. With an average two-bedroom rental at only $1,100 per month, compared to the national average of $1,430, the cost of living in Pesotum is significantly lower than other areas in the US. The grocery cost index is also lower here than the US average at 94 versus 100. There are several local companies located in Pesotum as well, such as Super 8 Motel and H&R Block Tax Preparation Services. With its low cost of living and local businesses, Pesotum is a great place to live for those on a budget.
Pesotum has an unemployment rate of 5.0%. The US average is 6.0%.
Pesotum has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Pesotum
- The Sales Tax Rate for Pesotum is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Pesotum 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 Pesotum
- The average income of a Pesotum resident is $30,935 a year. The US average is $28,555 a year.
- The Median household income of a Pesotum resident is $75,625 a year. The US average is $69,021 a year.