East Peru, IA is an ideal place to live for those looking to save money without sacrificing quality of life. The 2 bedroom rent here is about $980 per month, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in East Peru is 97 versus the 100 in the US, further making it an affordable location to live. Some local companies and amenities include Bigtown's East Peru Automobiles, East Peru's Bakery, and the public library. There are also three parks with playgrounds so families can enjoy some outdoor recreation together. All in all, East Peru offers a great cost of living without sacrificing quality of life.
East Peru has an unemployment rate of 5.0%. The US average is 6.0%.
East Peru has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for East Peru
- The Sales Tax Rate for East Peru is 7.0%. The US average is 7.3%.
- The Income Tax Rate for East Peru is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for East Peru
- The average income of a East Peru resident is $16,819 a year. The US average is $28,555 a year.
- The Median household income of a East Peru resident is $54,063 a year. The US average is $69,021 a year.