Leiding, MN is a small town located in the Midwest with a cozy atmosphere perfect for growing families or those looking to retire. The cost of living in Leiding is quite affordable compared to the US average, with 2 bedroom rents at $890 per month which is much lower than the US average rent of $1,430. Similarly, the Grocery Cost Index in Leiding is only 93 compared to 100 in the US. This means groceries are even more affordable here than in most other places around the country. The town also has great local businesses such as Yountville Coffee, Valley Bistro & Pub, and Lesh's Pizzeria & Deli that offer unique experiences and quality products. All of this makes Leiding an ideal place for anyone looking for a comfortable life at an affordable price.
Leiding has an unemployment rate of 4.8%. The US average is 6.0%.
Leiding has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Leiding
- The Sales Tax Rate for Leiding is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Leiding 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 Leiding
- The average income of a Leiding resident is $24,402 a year. The US average is $28,555 a year.
- The Median household income of a Leiding resident is $56,250 a year. The US average is $69,021 a year.