Monterey, NE is a charming town in the northeast with an array of local companies and attractions. The average two-bedroom rent in Monterey, NE is $830, much lower than the US average of $1,430 making it a great place for families who are looking to save money on housing. Additionally, the Grocery Cost Index in Monterey is 96 versus 100 in the US which is helpful for those who are trying to keep their grocery expenses low. There are many great local companies and attractions in Monterey, such as Burdette & Rice Construction Co., Lazy Dayz RV Park, Lake McConaughy State Recreation Area and Masonville Cove Environmental Education Center. Visitors and locals alike can enjoy these top notch attractions while still saving money due to its low prices for housing and groceries.
Monterey has an unemployment rate of 1.7%. The US average is 6.0%.
Monterey has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Monterey
- The Sales Tax Rate for Monterey is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Monterey 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 Monterey
- The average income of a Monterey resident is $57,441 a year. The US average is $37,638 a year.
- The Median household income of a Monterey resident is $107,708 a year. The US average is $69,021 a year.