Litchfield, NE is an attractive area for those looking for a more affordable cost of living. The average 2 Bedroom Rent in Litchfield is $840 compared to the nationwide US average of $1,430. This makes it an ideal place for families or individuals on a budget to call home. In addition, the Grocery Cost Index in Litchfield is 92 versus 100 in the US. Many local companies are available to provide services such as grocery stores, banks, restaurants, and retail stores. Companies like Walmart and Fareway are just a few examples of what can be found in Litchfield. Furthermore, there are also many other services available including medical organizations, auto dealerships, theaters, and much more.
Litchfield has an unemployment rate of 2.1%. The US average is 6.0%.
Litchfield has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Litchfield
- The Sales Tax Rate for Litchfield is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Litchfield 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 Litchfield
- The average income of a Litchfield resident is $27,497 a year. The US average is $28,555 a year.
- The Median household income of a Litchfield resident is $57,750 a year. The US average is $69,021 a year.