Monett, MO is an affordable city with plenty of amenities and activities. With a 2 bedroom rent that is almost half of the US average at $760, it is attractive to all sorts of people looking for an affordable place to live. Additionally, the grocery cost index in Monett is 94 compared to the US 100 meaning groceries are even more inexpensive than normal. The city also offers places like Walmart, Hy-Vee Grocery Store for local shopping opportunities. There are also many local businesses such as Monett Veterinary Clinic and Monett Hearing Centers for medical needs. For entertainment, visitors can enjoy attractions like Roaring River State Park or visit the small town’s classic drive-in theatre called Monett Plaza Drive-In Theater.
Monett has an unemployment rate of 5.0%. The US average is 6.0%.
Monett has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is lower than the US average of 33.5%.
Tax Rates for Monett
- The Sales Tax Rate for Monett is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Monett 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 Monett
- The average income of a Monett resident is $22,662 a year. The US average is $37,638 a year.
- The Median household income of a Monett resident is $39,469 a year. The US average is $69,021 a year.