Mona, UT is a small town with a population of approximately 2,000 people. It is located in the southern part of Utah and has some unique attractions such as the Mona historic temple and Mona City Park. Local companies in the area include Advanced Welding Solutions, Smith's Grocery Store, and The Groomers Pet Spa. The cost of living in Mona, UT is relatively low compared to other parts of the US; for example, 2 bedroom rent is $960 compared to $1,430 nationally. Additionally, grocery costs are much lower in Mona with an index of 94 compared to 100 nationally. This makes it an ideal place for families looking for a budget-friendly option when it comes to living expenses.
Mona has an unemployment rate of 2.3%. The US average is 6.0%.
Mona has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 53.5%, which is higher than the US average of 33.5%.
Tax Rates for Mona
- The Sales Tax Rate for Mona is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mona is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mona
- The average income of a Mona resident is $20,380 a year. The US average is $28,555 a year.
- The Median household income of a Mona resident is $85,500 a year. The US average is $69,021 a year.