Munster, IN is a great place to live and work. The city offers affordable rents for 2 bedroom apartments at $1,190 per month, which is significantly lower than the US average of $1,430. Furthermore, the Grocery Cost Index in Munster is 97 versus 100 in the US. This indicates that costs of food items are relatively cheaper than the rest of the US. This city has plenty of opportunities for entertainment and leisure activities as well. Local companies such as Centier Bank, Anco Steel Inc., and Altra Industrial Motion offer jobs to many residents in Munster. Shopping centers like Southlake Mall and stores like Walmart provide a variety of shopping options for residents. There are also plenty of parks such as Holliday Park and Centennial Park where visitors can explore nature or engage in recreational activities such as biking or walking trails. In addition to these local attractions, Munster is conveniently located near downtown Chicago giving its residents access to a wide range of cultural events and attractions.
Munster has an unemployment rate of 7.6%. The US average is 6.0%.
Munster has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Munster
- The Sales Tax Rate for Munster is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Munster is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Munster
- The average income of a Munster resident is $36,559 a year. The US average is $28,555 a year.
- The Median household income of a Munster resident is $96,938 a year. The US average is $69,021 a year.