Sims, IL is a small town with a lot to offer its residents. The cost of living is very affordable, with 2 bedroom rent costing only $680 in comparison to the US average of $1,430 for the same size home. Grocery costs in Sims are also much lower than the national average, with an index of 92 compared to 100 nationwide. Local businesses which contribute to this low cost of living include Sims Market Place and Sims Bakery, where residents can find everything from groceries to baked goods at an inexpensive price. With such a low cost of living in Sims, IL, it's no wonder why so many people choose to call this town their home.
Sims has an unemployment rate of 5.4%. The US average is 6.0%.
Sims has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Sims
- The Sales Tax Rate for Sims is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sims 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 Sims
- The average income of a Sims resident is $31,887 a year. The US average is $37,638 a year.
- The Median household income of a Sims resident is $50,417 a year. The US average is $69,021 a year.