Cleveland, MO is a great place to live for those looking for affordability. The city has an average 2 bedroom rent of $1,150 which is significantly lower than the US rental average of $1,430. Prices at Cleveland's local stores are also cheaper than most other places due to its Grocery Cost Index of 101 versus 100 in the US. There are many great companies located in Cleveland like Jordan Ace Hardware, First Midwest Bank, and Schoenecker Allstate Insurance Agency that offer quality services to their customers. Additionally, there are plenty of recreational activities available like golfing, visiting parks or exploring the area's local historical sites. With its affordable costs of living and wide array of businesses and amenities Cleveland is an ideal city for anyone looking for a place to call home.
Cleveland has an unemployment rate of 3.8%. The US average is 6.0%.
Cleveland has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Cleveland
- The Sales Tax Rate for Cleveland is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Cleveland is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cleveland
- The average income of a Cleveland resident is $34,621 a year. The US average is $28,555 a year.
- The Median household income of a Cleveland resident is $73,080 a year. The US average is $69,021 a year.