Oteneagen, MN is a great place to live for those looking to save a bit of money. One can expect to pay about $970 per month for a two-bedroom rental in the area, compared to the US average of $1,430. Additionally, grocery prices are lower than the national average with a Grocery Cost Index of 96 versus 100 in the US. Local companies include White Pines Market, Happy Hogs Farm Store, and Maplewood Photography. For those living in Oteneagen on a budget, planning ahead is key! Make sure you research local stores and compare prices so that you can get the best deals on groceries and other items. Taking advantage of discounts and coupons can also help reduce your costs significantly over time.
Oteneagen has an unemployment rate of 6.2%. The US average is 6.0%.
Oteneagen has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Oteneagen
- The Sales Tax Rate for Oteneagen is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Oteneagen 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 Oteneagen
- The average income of a Oteneagen resident is $22,530 a year. The US average is $28,555 a year.
- The Median household income of a Oteneagen resident is $66,875 a year. The US average is $69,021 a year.