The Amsterdam, NY Metro Area is an ideal place to live due to its affordability and convenience. The average two bedroom rent in Amsterdam is $890 which is significantly less than the national cost of $1,430. Grocery costs are also more economical, with the cost index being 98 versus 100 in the US. Residents of this area benefit from the area's businesses as well. Companies like Walmart, Price Chopper Supermarkets, Rivers Casino & Resort, and St. Mary's Healthcare are just a few of the local businesses that provide goods and services to the community. With its lower cost of living and great amenities, Amsterdam is a great place to call home.
Amsterdam Metro Area has an unemployment rate of 7.8%. The US average is 6.0%.
Amsterdam Metro Area has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Amsterdam Metro Area
- The Sales Tax Rate for Amsterdam Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Amsterdam Metro Area is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Amsterdam Metro Area
- The average income of a Amsterdam Metro Area resident is $27,871 a year. The US average is $37,638 a year.
- The Median household income of a Amsterdam Metro Area resident is $53,533 a year. The US average is $69,021 a year.