Menlo, KS is a small town located in central Kansas that offers an affordable cost of living. The average rent for a 2 bedroom apartment is $700 compared to the US average of $1,430 which makes this city an attractive option for those seeking affordable housing. The grocery cost index in Menlo, KS is 93 compared to 100 on the US average. Menlo offers a variety of local businesses such as Home Appliance & Furniture Co., Deffenbaugh Industries Inc., and First National Bank which provides its citizens with employment opportunities. In conclusion, Menlo, KS is an ideal destination for those who wish to enjoy a low-cost living without compromising on amenities or job opportunities.
Menlo has an unemployment rate of 2.0%. The US average is 6.0%.
Menlo has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Menlo
- The Sales Tax Rate for Menlo is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Menlo 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 Menlo
- The average income of a Menlo resident is $13,848 a year. The US average is $28,555 a year.
- The Median household income of a Menlo resident is $2,499 a year. The US average is $69,021 a year.