Tumuli, MN is an attractive small town situated away from the hustle and bustle of the big city. It boasts lower costs of living than its bigger counterparts; 2 bedroom rents in Tumuli are only $850 compared to the US average of $1,430. Grocery costs are also much lower, with a grocery cost index of 99 versus 100 in the US. The town has a variety of local businesses for residents to enjoy including ABC Pharmacy, XYZ Cafe, 123 General Store and many more. There is an abundance of activities for all ages to partake in such as outdoor recreation and cultural experiences. With a vibrant community and lower cost of living, Tumuli is an ideal area for happy living.
Tumuli has an unemployment rate of 5.3%. The US average is 6.0%.
Tumuli has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Tumuli
- The Sales Tax Rate for Tumuli is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Tumuli 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 Tumuli
- The average income of a Tumuli resident is $39,165 a year. The US average is $28,555 a year.
- The Median household income of a Tumuli resident is $83,889 a year. The US average is $69,021 a year.