Foley, MO is a small town in Missouri with an incredibly low cost of living. For instance, two bedroom rent is only $900 per month, which is significantly lower than the US average of $1,430. In addition to cheaper rent, the Grocery Cost Index in Foley is 96 compared to 100 in the US. The town also has several local businesses such as Mullenix Music, Midwest Pools & Spas Inc., and Malone Animal Hospital that provide residents with services they need on a daily basis. All in all, Foley offers its residents a great quality of life for a fraction of the cost in other areas.
Foley has an unemployment rate of 4.3%. The US average is 6.0%.
Foley has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Foley
- The Sales Tax Rate for Foley is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Foley 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 Foley
- The average income of a Foley resident is $16,195 a year. The US average is $37,638 a year.
- The Median household income of a Foley resident is $33,750 a year. The US average is $69,021 a year.