Cosmo, NE is a great place to live and work. The cost of living is very affordable, with two bedroom rents averaging $860 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Cosmo is 97 versus the US index of 100. This means that groceries are even more affordable than the rest of the country. There are plenty of local businesses in Cosmo to choose from including Green Valley Grocery and Nelson's Restaurant. Both have been providing quality products and services to the community for years. Other local companies include Anderson Auto Repairs, Clark's Dry Cleaners and Johnson Plumbing Services. By offering quality products and services at an affordable cost, these businesses have helped make Cosmo a great place to live.
Cosmo has an unemployment rate of 1.8%. The US average is 6.0%.
Cosmo has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Cosmo
- The Sales Tax Rate for Cosmo is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Cosmo is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cosmo
- The average income of a Cosmo resident is $68,669 a year. The US average is $37,638 a year.
- The Median household income of a Cosmo resident is $126,406 a year. The US average is $69,021 a year.