Columbus, MN is a small city located in the north-central part of Minnesota. It is known for its peaceful atmosphere and abundance of rivers and lakes. The area has a variety of local businesses including Columbus Area Healthcare, Hunter Industries, and Miller Manufacturing.The cost of living in Columbus, MN is slightly lower than the national average with a two bedroom rent being $1,380 compared to the US average of $1,430. Additionally, the grocery cost index in Columbus is 102 versus 100 in the US which makes it an affordable place to live.
Columbus has an unemployment rate of 4.4%. The US average is 6.0%.
Columbus has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Columbus
- The Sales Tax Rate for Columbus is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Columbus 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 Columbus
- The average income of a Columbus resident is $34,430 a year. The US average is $28,555 a year.
- The Median household income of a Columbus resident is $103,977 a year. The US average is $69,021 a year.