Bluffton, MN is an ideal place to settle down due to its low cost of living. According to the given information, rent for a two bedroom apartment in Bluffton is only $850 compared to the US average of $1,430. The Grocery Cost Index in Bluffton is 97 versus 100 for the United States. Given this lower cost of living, local companies such as Bob’s Burgers, Joe’s Hardware Store, and Mary’s Boutique thrive by offering competitive pricing. Overall, Bluffton offers an affordable quality of life which makes it an attractive option for potential residents.
Bluffton has an unemployment rate of 5.3%. The US average is 6.0%.
Bluffton has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Bluffton
- The Sales Tax Rate for Bluffton is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Bluffton is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bluffton
- The average income of a Bluffton resident is $19,245 a year. The US average is $28,555 a year.
- The Median household income of a Bluffton resident is $49,286 a year. The US average is $69,021 a year.