La Fontaine, IN is a small town located in Indiana. It is a quiet community with plenty of charm and close proximity to larger cities like Indianapolis. The cost of living in La Fontaine, IN is significantly less than the US average. According to the given data, 2 bedroom rent in La Fontaine is $860 per month compared to the US average of $1,430. Additionally, the grocery cost index for La Fontaine was 93 versus 100 in the US. Local companies include Bell's Quality Market which offers fresh meats and produce, Zike Shoes & Repair which specializes in shoe repair services, and H&L Printing Co., Inc which provides printing services.
Overall, I think La Fontaine is an attractive option for those who are looking for a low-cost place to live that still has plenty of local amenities. The low rental prices combined with affordable groceries make it an ideal place for people on tight budgets.
La Fontaine has an unemployment rate of 3.8%. The US average is 6.0%.
La Fontaine has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for La Fontaine
- The Sales Tax Rate for La Fontaine is 7.0%. The US average is 7.3%.
- The Income Tax Rate for La Fontaine is 6.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for La Fontaine
- The average income of a La Fontaine resident is $21,295 a year. The US average is $28,555 a year.
- The Median household income of a La Fontaine resident is $48,438 a year. The US average is $69,021 a year.