Regan, ND is a small rural city that offers an affordable cost of living. The average rent for a two-bedroom apartment is $930 per month, which is significantly lower than the US average of $1,430 per month. Additionally, the grocery cost index in Regan is 93 compared to 100 in the US as a whole. This makes it ideal for individuals and families looking to save money on housing and food costs. Several local businesses are located in Regan, including farm supply stores, grocery stores, restaurants, financial institutions, and other services. With its low cost of living and vibrant business community, Regan is an attractive place to call home.
Regan has an unemployment rate of 4.1%. The US average is 6.0%.
Regan has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Regan
- The Sales Tax Rate for Regan is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Regan is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Regan
- The average income of a Regan resident is $8,616 a year. The US average is $28,555 a year.
- The Median household income of a Regan resident is $63,229 a year. The US average is $69,021 a year.