Losantville, IN is an attractive place to live as it offers a low cost of living compared to the US average. The median 2 bedroom rent is $840 which is significantly lower than the US average of $1,430. Additionally, grocery costs in Losantville are 92 on the index versus 100 in the US suggesting savings on groceries as well. There are many local companies including Logansport Manufacturing Inc., Losantville Tool & Die Corp., and Losantville Cabinet Co. that provide employment opportunities for residents making it easier to afford housing and other expenses. All these factors indicate that Losantville is an excellent choice for individuals or families looking for affordability without sacrificing quality of life.
Losantville has an unemployment rate of 4.6%. The US average is 6.0%.
Losantville has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Losantville
- The Sales Tax Rate for Losantville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Losantville 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 Losantville
- The average income of a Losantville resident is $15,446 a year. The US average is $28,555 a year.
- The Median household income of a Losantville resident is $41,389 a year. The US average is $69,021 a year.