London, KS is a small town with a population of around 2,000. The cost of living in London is very affordable with an average two-bedroom rent of $930 compared to the US average at $1,430. Grocery costs here are also very reasonable with the index at 95 versus the US index of 100. The town has many local businesses including Phil’s Auto Body Shop and London Pet Supply that offer quality services and goods at very competitive prices. Additionally, London is the home to many outdoor activities such as fishing and hiking along the banks of Elm Creek which make it a great place for families to live or visit.
London has an unemployment rate of 5.3%. The US average is 6.0%.
London has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for London
- The Sales Tax Rate for London is 7.5%. The US average is 7.3%.
- The Income Tax Rate for London is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for London
- The average income of a London resident is $30,908 a year. The US average is $28,555 a year.
- The Median household income of a London resident is $97,426 a year. The US average is $69,021 a year.