Cuba, MN is a small town located in Pine County, Minnesota with a population of approximately 371 people. It has an affordable cost of living with two bedroom rent costing only $850 compared to the US average of $1,430. The Grocery Cost Index in Cuba, MN is 102 whereas it is 100 in the US. Local companies include New Horizon Factory Outlet (selling electronics), Anderson Livestock (providing quality livestock), and Hagen's Automotive Service (offering automotive repair services). All these combined make Cuba, MN an attractive place to live for those wanting to get away from the hustle and bustle of city life and enjoy a more peaceful atmosphere at a fraction of the cost.
Cuba has an unemployment rate of 5.3%. The US average is 6.0%.
Cuba has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Cuba
- The Sales Tax Rate for Cuba is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Cuba 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 Cuba
- The average income of a Cuba resident is $30,920 a year. The US average is $37,638 a year.
- The Median household income of a Cuba resident is $100,000 a year. The US average is $69,021 a year.