Laura, OH is a small town located in Ohio with an affordable cost of living. The average rent for a two-bedroom apartment is $970 which is below the national average of $1,430. Additionally, the grocery cost index for Laura residents is 97 compared to the US grocery cost index which is 100. This makes it easy for locals to buy food and groceries at reasonable prices. Local businesses in Laura include The Town Store, Betty's Diner, and The Grocery Shoppe. These establishments offer goods such as clothes, furniture, and groceries at discounted prices so that residents can save money on their everyday items. Overall, living in Laura, OH is quite affordable due to the lower rents and grocery costs compared to other places in Ohio.
Laura has an unemployment rate of 4.0%. The US average is 6.0%.
Laura has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Laura
- The Sales Tax Rate for Laura is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Laura is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Laura
- The average income of a Laura resident is $23,653 a year. The US average is $28,555 a year.
- The Median household income of a Laura resident is $61,250 a year. The US average is $69,021 a year.