La Russell, MO is a small town located in southwest Missouri with a population of roughly 1,000 people. The cost of living in La Russell is lower than most parts of the US. For example, 2 bedroom rent costs around $680 compared to $1,430 nationally. Groceries also cost significantly less in La Russell with the Grocery Cost Index being 95 compared to 100 nationally. Local businesses include services such as heating and air conditioning companies, plumbers, electricians, car repair shops, furniture stores and grocery stores. With low rental costs and wider selection of goods available at lower prices, La Russell is an attractive option for people looking for a rural lifestyle while still having access to modern amenities.
La Russell has an unemployment rate of 3.9%. The US average is 6.0%.
La Russell has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for La Russell
- The Sales Tax Rate for La Russell is 5.9%. The US average is 7.3%.
- The Income Tax Rate for La Russell 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 La Russell
- The average income of a La Russell resident is $11,927 a year. The US average is $28,555 a year.
- The Median household income of a La Russell resident is $31,875 a year. The US average is $69,021 a year.