Cambridge City, IN is a great place to live and work. The cost of living is quite affordable with two bedroom rent averaging $810 per month - much lower than the U.S. average of $1,430 per month. Grocery costs are also lower in Cambridge City as the Grocery Cost Index is 91 compared to 100 in the US. In addition to being an affordable place to live, Cambridge City has many local businesses and amenities for residents to enjoy. Notable employers include Cambridge City Schools, Hubler Automotive Group, and Exela Technologies. There are plenty of parks and recreational areas like Whitewater Memorial State Park and Twin Lakes Recreation Area for outdoor activities. Restaurants like Southside Pizza & Subs, Thirsty Turtle Sports Bar & Grill, and Red Apple Café offer a variety of dining options for residents of the area.
Cambridge City has an unemployment rate of 4.7%. The US average is 6.0%.
Cambridge City has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Cambridge City
- The Sales Tax Rate for Cambridge City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cambridge City is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cambridge City
- The average income of a Cambridge City resident is $19,906 a year. The US average is $28,555 a year.
- The Median household income of a Cambridge City resident is $41,964 a year. The US average is $69,021 a year.