Columbia, MO 

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Economy in Columbia, MO

Columbia, MO is a great place to live as it offers many benefits such as affordability and convenience. The average two-bedroom rent in Columbia is $970 which is much lower than the US average of $1430. Additionally, grocery costs are also lower in Columbia with an index of 98 compared to 100 in the US. This means that residents of Columbia can save money on everyday living expenses. Local companies such as Boone Hospital Center and KOMU-TV offer employment opportunities for those who wish to stay in town while still enjoying all the amenities that come with living in a larger city. When it comes to leisure activities, Columbia has plenty of options for everyone, from museums and parks to art galleries and theatres - there's something for everyone!

Columbia has an unemployment rate of 3.0%. The US average is 6.0%.

Columbia has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Columbia
- The Sales Tax Rate for Columbia is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Columbia 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 Columbia
- The average income of a Columbia resident is $26,203 a year. The US average is $28,555 a year.
- The Median household income of a Columbia resident is $57,463 a year. The US average is $69,021 a year.


  ECONOMYColumbia, MissouriUnited States
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Columbia    40 Reviews
    No water park here - 10/14/2021
    I've live in CoMo for 20 yrs. NOT sure about this state of the art water park??!! There are great parks but nothing else for families. NO zoo, museum, and definitely no... Read More

    Start Your Review of Columbia

    Not a good place to settle. - 11/25/2020
    I lived there for a year and hated every minute. Columbia reminded me of the San Francisco of the Midwest. It is overrun with homeless people. Law enforcement is... Read More

    A Liberal Paradise - 10/4/2020
    I've lived in Columbia for 10 years. I went to college here, left, and then returned to take care of my parents. These reviews amuse me. I will be leaving Columbia, but... Read More

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