Chico, CA Metro Area is an excellent place to live for those looking for a lower cost of living. The two bedroom rent is approximately $1,240 which is just over 10% lower than the US average of $1,430. This cost savings can also be seen in the grocery cost index which is the same as the US average at 100. There are several businesses operating in this area including Sierra Nevada Brewing Company, Chico State University and E&J Gallo Winery making it an ideal place to work and visit. In conclusion, Chico Metro Area offers excellent value with plenty of job opportunities making it a great place for people who want to save money while enjoying life in a vibrant community.
Chico Metro Area has an unemployment rate of 7.5%. The US average is 6.0%.
Chico Metro Area has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.
Tax Rates for Chico Metro Area
- The Sales Tax Rate for Chico Metro Area is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Chico Metro Area is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chico Metro Area
- The average income of a Chico Metro Area resident is $24,430 a year. The US average is $28,555 a year.
- The Median household income of a Chico Metro Area resident is $59,863 a year. The US average is $69,021 a year.