St. Bonifacius, MN is a small city located in the western part of Minnesota. It is home to approximately 2,500 people and offers a variety of amenities for its residents. This includes numerous local businesses such as the St. Bonifacius Golf Course, Riverbend Dental Clinic, and Brian's Auto Repair. The cost of living in St. Bonifacius is quite reasonable compared to other parts of the country; for example, two bedroom rent is $1,240 per month versus a national average of $1,430. Additionally, grocery costs are slightly lower than the U.S., with an index score of 103 versus 100 nationally. All in all St. Bonifacius is an affordable place to live with plenty of local business offerings to keep residents busy and contented.
St. Bonifacius has an unemployment rate of 4.2%. The US average is 6.0%.
St. Bonifacius 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 36.9%, which is higher than the US average of 33.5%.
Tax Rates for St. Bonifacius
- The Sales Tax Rate for St. Bonifacius is 7.5%. The US average is 7.3%.
- The Income Tax Rate for St. Bonifacius 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 St. Bonifacius
- The average income of a St. Bonifacius resident is $31,346 a year. The US average is $28,555 a year.
- The Median household income of a St. Bonifacius resident is $97,750 a year. The US average is $69,021 a year.