The Charleston-Mattoon, IL Metro Area is an affordable place to live. The average two bedroom rent in the metro area is $800, compared to the US at $1,430. Grocery costs are also lower in the metro area with an index of 93 compared to 100 for the US. Many people work in local companies such as Walmart, Menards, and Amazon Fulfillment Centers which provide good employment opportunities. With a low cost of living including affordable housing and groceries, combined with access to multiple job opportunities, this metro area provides a great place to live.
Charleston-Mattoon Metro Area has an unemployment rate of 5.4%. The US average is 6.0%.
Charleston-Mattoon Metro Area has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Charleston-Mattoon Metro Area
- The Sales Tax Rate for Charleston-Mattoon Metro Area is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Charleston-Mattoon Metro Area 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 Charleston-Mattoon Metro Area
- The average income of a Charleston-Mattoon Metro Area resident is $22,493 a year. The US average is $28,555 a year.
- The Median household income of a Charleston-Mattoon Metro Area resident is $51,419 a year. The US average is $69,021 a year.