Columbus, IN Metro Area is known for its affordability and quality of life. This makes it an attractive location for individuals looking to live comfortably on a budget. The average two bedroom rent in the area is $1,040, which is nearly 31% lower than the US average of $1,430. Additionally, Columbus has a Grocery Cost Index score of 93 versus 100 in the US, making it a great option for those looking to save on food costs. The area boasts large and small businesses alike from Cummins Inc., Cook Group, and Perma-Pipe Inc., as well as many others providing plenty of job opportunities for workers. All in all, Columbus is an excellent choice for those seeking to enjoy a high standard of living without breaking the bank.
Columbus Metro Area has an unemployment rate of 3.8%. The US average is 6.0%.
Columbus Metro Area has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Columbus Metro Area
- The Sales Tax Rate for Columbus Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Columbus Metro Area is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Columbus Metro Area
- The average income of a Columbus Metro Area resident is $27,623 a year. The US average is $28,555 a year.
- The Median household income of a Columbus Metro Area resident is $71,183 a year. The US average is $69,021 a year.