Montgomery City, MO (zip code 63361) is a small city with an affordable cost of living. The median 2 Bedroom rent in Montgomery City is $640, which is significantly cheaper than the average US cost of $1,430. The Grocery Cost Index in Montgomery City is 95 compared to 100 in the US. This means groceries such as food and cleaning products are slightly cheaper in Montgomery City than on average across the US. There are several local companies who provide services at affordable prices too - for example Moore's Supermarket offers a wide selection of grocery items at competitive prices; R&R Automotive repairs cars for less in comparison to other garages; and Leeboards Construction provides high-quality construction services at reasonable costs.
Montgomery City (zip 63361) has an unemployment rate of 3.7%. The US average is 6.0%.
Montgomery City (zip 63361) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Montgomery City (zip 63361)
- The Sales Tax Rate for Montgomery City (zip 63361) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery City (zip 63361) 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 Montgomery City (zip 63361)
- The average income of a Montgomery City (zip 63361) resident is $28,321 a year. The US average is $37,638 a year.
- The Median household income of a Montgomery City (zip 63361) resident is $54,712 a year. The US average is $69,021 a year.