Liberal, MO is a small town located in the state of Missouri, known for its affordability and friendly atmosphere. The cost of living in Liberal is well below the national average; average 2 bedroom rent is only $820 compared to the US average of $1,430. Similarly, grocery costs are 92 out of 100 compared to the US average. The lower cost of living makes Liberal an attractive place for families on a budget. Local businesses include Miller Family Pharmacy, White Oaks Gourmet Grocery & Deli, and Kingsway Auto Parts. All three companies offer excellent services and products at reasonable prices.
Liberal has an unemployment rate of 3.4%. The US average is 6.0%.
Liberal has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Liberal
- The Sales Tax Rate for Liberal is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Liberal 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 Liberal
- The average income of a Liberal resident is $20,300 a year. The US average is $37,638 a year.
- The Median household income of a Liberal resident is $40,625 a year. The US average is $69,021 a year.