dgPersonalTaxes_ItemDataBound 13 Conversion from string " " to type 'Double' is not valid. 2024 Cost of Living Calculator for Taxes: Rosemount, Minnesota and Bismarck, North Dakota

Rosemount, Minnesota vs. Bismarck, North Dakota

Tax Compare

Our Premium Cost of Living Calculator includes, State and Local Income Taxes, State and Local Sales Taxes, Real Estate Transfer Fees, Federal, State, and Local Consumer Taxes (Gasoline, Liquor, Beer, Cigarettes), Corporate Taxes, plus Auto Sales, Property and Registration Taxes, and an Online Tool to customize your own personal estimated tax burden. Click here to customize.

Taxes
  24.7% lower in Bismarck, North Dakota
than in Rosemount, Minnesota
Assumptions
  • Single, standard deduction, one exemption
  • Sales tax includes food and services
  • Real tax taxes are based on the local median home price
  • Car taxes assume a new Honda Accord costing $25,000
   Cost of living
      State level
Rosemount, MN    Bismarck, ND    U.S. Avg
100 = US Avg. Below 100 means cheaper. Above 100 means more expensive. About our Cost of Living Index
   Customize Your Own Personal Estimated Taxes
Enter your income and we will give you your estimated taxes in Rosemount, Minnesota, we will also give you your estimated taxes in Bismarck, North Dakota.
Rosemount, MNBismarck, NDDifference
2019 Federal Inc. Tax   
State Income Taxes$65,777$18,084  $47,693 lower
Sales Taxes$10,570$9,643  $927 higher
Real Estate Taxes$3,480$2,740  $740 lower
Motor Vehicle Taxes$313$0  $313 lower
Total Taxes$80,139$30,467  $49,673 higher
Marginal Rate9.9%2.9%
Effective Rate9.2%2.5%
   Annual taxes
      Based on $60,000 income
   Social security taxes
Rosemount, MNBismarck, ND
Tax Social SecurityYesYes
Social Security Note$4500 MFJ exemption is phased out starting at $77,000 of taxable income, until gone at $99,500Taxed to the extent they are taxed at the federal level
   Estimated sales tax
      State level, based on annual income of $75,000
Rosemount, MN    Bismarck, ND    U.S. Avg
   Tax on food
Rosemount, MNBismarck, ND
Sales Tax On FoodNoNo
   Real estate tax
Rosemount, MN    Bismarck, ND    U.S. Avg
Assumes the local median home price and sales tax is amoritized over 13 years.
   Vehicle tax
Rosemount, MN    Bismarck, ND    U.S. Avg
Assumes a new $25,000 Honda Accord and Sales Tax is amortized over 6 years.
   Other taxes
      State level
Rosemount, MN    Bismarck, ND    U.S. Avg
* grt = Gross Receipts Tax. In this state, the corporation is required to pay the gross receipts tax on each sale instead of a traditional income tax based on its earnings. The effect is that a percentage of the total revenue or gross receipts for each sale has to be paid to the state as tax. The gross receipts tax is much like a Value Added Tax, only for businesses rather than individuals. Four states impose gross receipt taxes, Nevada, Ohio, Texas, and Washington.
Cost of Child care