Sullivan, MO is a small city located in the state of Missouri. It has an estimated population of 8,500 and is home to local businesses such as Core Bank, Sullivan Auto Parts, and Ace Hardware. The cost of living in Sullivan is quite affordable compared to other parts of the country. For example, rent for a two bedroom apartment in Sullivan is $860 while the US average for a two bedroom apartment is $1,430. Additionally, the grocery cost index in Sullivan is 95 versus 100 in the US making groceries more affordable there as well. All these factors make Sullivan an attractive place to live for those looking for affordability without sacrificing access to essential amenities.
Sullivan has an unemployment rate of 4.3%. The US average is 6.0%.
Sullivan 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 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Sullivan
- The Sales Tax Rate for Sullivan is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Sullivan 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 Sullivan
- The average income of a Sullivan resident is $16,438 a year. The US average is $28,555 a year.
- The Median household income of a Sullivan resident is $52,067 a year. The US average is $69,021 a year.