St. Donatus is a small town located in Iowa that has a relatively low cost of living compared to other parts of the US. Rent for two bedroom apartments in St Donatus is only $790, which is nearly half the national average of $1,430. Groceries are also cheaper in St. Donatus with an index score of 98 versus 100 in the US.
The town has few local businesses, including Donatus Country Store, St. Donatus Catholic Church, and Silligman Farms & Produce. These businesses provide goods and services to the local community and help to keep the cost of living lower than other areas. Residents of St. Donatus enjoy the convenience of these stores while still being able to save money on their day-to-day expenses by shopping locally.
St. Donatus has an unemployment rate of 5.8%. The US average is 6.0%.
St. Donatus has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for St. Donatus
- The Sales Tax Rate for St. Donatus is 7.0%. The US average is 7.3%.
- The Income Tax Rate for St. Donatus 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 St. Donatus
- The average income of a St. Donatus resident is $22,340 a year. The US average is $28,555 a year.
- The Median household income of a St. Donatus resident is $36,838 a year. The US average is $69,021 a year.