Rome, NY is a small city located in upstate New York. It is known for its picturesque scenery and friendly people. The cost of living in Rome is very affordable. The average 2 bedroom rental rate is about $990 compared to the US average of $1,430. Additionally, groceries in Rome are slightly cheaper than the national average with an index score of 98 compared to 100 for the US. Local businesses in Rome such as Walmart and Giant Food Stores offer quality services at reasonable prices. All these features make it a great place to live with low cost of living expenses.
Rome has an unemployment rate of 7.2%. The US average is 6.0%.
Rome has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Rome
- The Sales Tax Rate for Rome is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Rome 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 Rome
- The average income of a Rome resident is $27,240 a year. The US average is $37,638 a year.
- The Median household income of a Rome resident is $53,995 a year. The US average is $69,021 a year.