Ontario, NY is a great place to live and work. With an average two bedroom rent of $1170 per month, it is much more affordable than the US average of $1430. Additionally, the Grocery Cost Index in Ontario is 101 against 100 in the US, making groceries more affordable too. There are many local companies located in Ontario such as Dunkin' Donuts, Barnes & Noble Cafe, Lowe's Home Improvement Store, and CVS Pharmacy. These businesses help to provide employment opportunities for residents and offer services that make living in Ontario convenient and enjoyable.
Ontario has an unemployment rate of 6.2%. The US average is 6.0%.
Ontario has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Ontario
- The Sales Tax Rate for Ontario is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ontario is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ontario
- The average income of a Ontario resident is $39,891 a year. The US average is $37,638 a year.
- The Median household income of a Ontario resident is $79,125 a year. The US average is $69,021 a year.