Cuba, MO is a small town in the midwest located near the Mark Twain National Forest. With a population of about 4,000, it is an inviting community with plenty to offer. The cost of living in Cuba is fairly low compared to other areas of the United States; with 2 bedroom rent costing just $840 and the grocery cost index at 96, it offers great value for money. Local companies and businesses include Cuba Dairy Queen, Southern Missouri Bank & Trust, The Bank of Cuba and Eastern-Washington Electric Co-Op. Residents enjoy the peacefulness of living here as well as its outdoor activities such as hiking, fishing and camping in nearby forests. All in all, if you're looking for a quiet place to call home, Cuba is an ideal option.
Cuba has an unemployment rate of 5.3%. The US average is 6.0%.
Cuba has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Cuba
- The Sales Tax Rate for Cuba is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Cuba 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 Cuba
- The average income of a Cuba resident is $18,627 a year. The US average is $37,638 a year.
- The Median household income of a Cuba resident is $33,447 a year. The US average is $69,021 a year.