Billings, MO is a small city in Missouri with a population of 65610. The average cost of rent for a two bedroom apartment in Billings is $870, which is about $560 less than the national average in the United States of $1430. Additionally, the grocery cost index in Billings is 98 compared to 100 nationally. This means that groceries are slightly cheaper in Billings than in other parts of the country. Local companies such as The Food Nanny Bakery, Reeds Emporium, and Uncle Sam's Subs offer affordable food and other goods at lower prices than what you would expect to see elsewhere. The lower cost of rent combined with the availability of local businesses helps make living costs significantly more affordable for residents of Billings compared to many other cities throughout the US.
Billings (zip 65610) has an unemployment rate of 3.4%. The US average is 6.0%.
Billings (zip 65610) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Billings (zip 65610)
- The Sales Tax Rate for Billings (zip 65610) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Billings (zip 65610) is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Billings (zip 65610)
- The average income of a Billings (zip 65610) resident is $31,449 a year. The US average is $37,638 a year.
- The Median household income of a Billings (zip 65610) resident is $62,596 a year. The US average is $69,021 a year.