Hill City, MN is a picturesque small city nestled in the Midwest. The cost of living is relatively low compared to the national average. On average, it costs $870 for a two-bedroom rent in Hill City, while the national average is $1,430. Additionally, the grocery cost index in Hill City is 93 versus 100 nationally. This makes Hill City an attractive place to live for those on a budget.
The city offers an array of attractions and activities for its residents, with nearby parks like Lions Park offering plenty of outdoor recreation opportunities as well as plenty of local businesses that serve the area. Popular local businesses include Jake's Groceries, a family-owned grocery store; O’Reilly’s Chain Store offering generic groceries and household items; Peterson Auto Parts providing automotive needs; and Maloney’s Clothing Boutique offering a wide assortment of stylish clothing options.
Hill City has an unemployment rate of 7.1%. The US average is 6.0%.
Hill City has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Hill City
- The Sales Tax Rate for Hill City is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Hill City 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 Hill City
- The average income of a Hill City resident is $19,313 a year. The US average is $37,638 a year.
- The Median household income of a Hill City resident is $38,864 a year. The US average is $69,021 a year.