Munch, MN is a small but thriving city in the midwestern United States. Local companies include the Munch Bakery, Munch Hardware, and Munch Grocery Store. For those looking for housing, 2 bedroom rent in Munch is quite affordable at $1,030 per month. This is much lower than the US average, which stands at $1,430 per month. Similarly, grocery costs are also more affordable here with a cost index of 96 compared to 100 in the US. All of this makes Munch an attractive option for those looking to find an affordable place to live and work.
Munch has an unemployment rate of 7.7%. The US average is 6.0%.
Munch has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Munch
- The Sales Tax Rate for Munch is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Munch 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 Munch
- The average income of a Munch resident is $19,638 a year. The US average is $28,555 a year.
- The Median household income of a Munch resident is $61,667 a year. The US average is $69,021 a year.