Crestwood, MO is a great place to live for those looking for an affordable cost of living. The 2 bedroom rent in Crestwood is around $980 compared to the US average of $1,430. Additionally, the grocery cost index in Crestwood is equal with that of the US at 100 each. This means that people who choose to live in this area will have access to all the same amenities and products as those who live elsewhere in the US while spending significantly less money on monthly expenses.
Crestwood also boasts several local businesses including the famous Fitz's restaurant and soda fountain which serves delicious food and drinks as well as entertainment. Valley Industries has been providing quality industrial products since 1945 and has been a leader in machine building, custom fabrication, CNC machining, and more. Another popular business is Big River Running Company which offers running shoes apparel and accessories as well as training programs for beginning runners or experienced athletes looking to take their running performance to the next level.
Overall, Crestwood is a wonderful place to live with its low cost of living coupled with great local businesses that provide people with delicious food, quality service, and a variety of recreational activities like running or outdoor sports.
Crestwood has an unemployment rate of 4.5%. The US average is 6.0%.
Crestwood has seen the job market increase by 0.7% 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 Crestwood
- The Sales Tax Rate for Crestwood is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Crestwood 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 Crestwood
- The average income of a Crestwood resident is $34,028 a year. The US average is $28,555 a year.
- The Median household income of a Crestwood resident is $102,045 a year. The US average is $69,021 a year.