Alberta, MN is a small city located near the US-Canada border in Minnesota. It has a population of around 700 people and is known for its scenic views, wildlife and outdoor recreational activities. The cost of living is quite reasonable in Alberta, with 2 bedroom rent at just $740 compared to the US average of $1,430. Grocery costs are also relatively low here as the grocery cost index is 97 compared to the US benchmark of 100. There are plenty of local businesses and companies in Alberta such as Cornerstone Pub & Eatery, Alberta Pharmacy, Royal Canadian Legion Branch #219, 4 Directions Mini Mart and more which offer quality goods and services.
Alberta has an unemployment rate of 3.8%. The US average is 6.0%.
Alberta has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Alberta
- The Sales Tax Rate for Alberta is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Alberta 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 Alberta
- The average income of a Alberta resident is $36,180 a year. The US average is $37,638 a year.
- The Median household income of a Alberta resident is $62,083 a year. The US average is $69,021 a year.