Rolla, MO is a great place to live with a cost of living that is significantly cheaper than the national average. A two bedroom rental unit in Rolla averages $660 per month, compared to $1,430 nationally. Additionally, the grocery cost index for Rolla is 96 versus 100 nationally. Local businesses in Rolla include Rolla Public Schools, Phelps County Bank, and Big Whiskey's American Restaurant & Bar. With its lower costs of living and strong local businesses, Rolla is an excellent community to call home.
Rolla has an unemployment rate of 3.7%. The US average is 6.0%.
Rolla 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 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Rolla
- The Sales Tax Rate for Rolla is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Rolla 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 Rolla
- The average income of a Rolla resident is $23,191 a year. The US average is $37,638 a year.
- The Median household income of a Rolla resident is $37,426 a year. The US average is $69,021 a year.