The Michigan City-La Porte, IN Metro Area is a great place to call home. It features a relatively low cost of living with the average 2 Bedroom rent being $940 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Michigan City-La Porte, IN Metro Area is 93 versus the national average of 100. This makes it an affordable option for those looking to relocate. The area features several local businesses such as JCPenney, Meijer, Walgreens, Kmart and many more. In comparison to other cities in the US it is an affordable location that offers plenty of opportunity for growth and success.
Michigan City-La Porte Metro Area has an unemployment rate of 6.7%. The US average is 6.0%.
Michigan City-La Porte Metro Area has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Michigan City-La Porte Metro Area
- The Sales Tax Rate for Michigan City-La Porte Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Michigan City-La Porte Metro Area is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Michigan City-La Porte Metro Area
- The average income of a Michigan City-La Porte Metro Area resident is $23,074 a year. The US average is $28,555 a year.
- The Median household income of a Michigan City-La Porte Metro Area resident is $60,226 a year. The US average is $69,021 a year.