South West, MO is a great place to live with many amenities for its residents. The 2 bedroom rent in this area is $790 which is much less than the US average of $1,430. This makes it an affordable option for people looking for a place to live. Additionally, the Grocery Cost Index in South West, MO is 92 versus the US average of 100 making it cheaper to get groceries. South West, MO is home to many great local companies including Smith's Bakery & Cafe, Smith Brothers Construction Company, and Southwest Auto Repair. All-in-all, South West, MO is an appealing choice for those looking for a more affordable cost of living without sacrificing on convenience or quality of life!
South West has an unemployment rate of 3.4%. The US average is 6.0%.
South West 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 South West
- The Sales Tax Rate for South West is 5.7%. The US average is 7.3%.
- The Income Tax Rate for South West 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 South West
- The average income of a South West resident is $21,527 a year. The US average is $37,638 a year.
- The Median household income of a South West resident is $35,625 a year. The US average is $69,021 a year.