Freistatt, MO is a small town located in southwest Missouri. The rent for a 2 bedroom apartment in this area is $730 per month which is far lower than the national average of $1,430. Additionally, the Grocery Cost Index in Freistatt is 92 compared to 100 across the U.S., making groceries more affordable here as well. This low-cost lifestyle makes it easier for locals to get by and allows them to save money on their daily living expenses. Local businesses such as Family Dollar, Dollar Tree and Lowe's are all popular stores that offer residents plenty of shopping options at competitive prices. Freistatt isn't just affordable; it's also a great place to live with its friendly atmosphere and community spirit. With its low cost of living, Freistatt is an ideal destination for those looking to stretch their budget and enjoy life without breaking the bank!
Freistatt has an unemployment rate of 5.1%. The US average is 6.0%.
Freistatt 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 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Freistatt
- The Sales Tax Rate for Freistatt is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Freistatt 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 Freistatt
- The average income of a Freistatt resident is $16,230 a year. The US average is $28,555 a year.
- The Median household income of a Freistatt resident is $47,500 a year. The US average is $69,021 a year.