Mexico, IN is a small city located in Indiana that is full of local charm. It is home to many businesses such as the Mexico Pharmacy, Matthews Grocery and King Country Store. The cost of living in Mexico, IN is quite affordable with rental prices for a two bedroom apartment averaging just $840 and a grocery cost index of 91 compared to 100 in the US. Mexico also offers plenty of activities for residents including Rockport Lake State Park which offers boating and fishing opportunities, as well as a great deal of shopping options such as the Mexico Shopping Center.
Mexico has an unemployment rate of 5.2%. The US average is 6.0%.
Mexico has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Mexico
- The Sales Tax Rate for Mexico is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mexico is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mexico
- The average income of a Mexico resident is $25,848 a year. The US average is $28,555 a year.
- The Median household income of a Mexico resident is $69,728 a year. The US average is $69,021 a year.