Nore, MN is a small town with a population of around 5,000 people. It's located in the southeastern corner of Minnesota and is a great place for those looking for an affordable place to live. The average 2 bedroom rent in Nore is $910 which is much lower than the national average of $1,430. Local companies such as Nore Hardware, Nore Supermarket, and Smith’s Automotive provide essential services to the community. The Grocery Cost Index in Nore is 94 compared to 100 in the US, showing that overall it's relatively affordable to live here. When compared to larger neighboring cities such as St Paul or Minneapolis, Nore has a significantly cheaper cost of living due to its low rent prices and grocery costs.
Nore has an unemployment rate of 6.2%. The US average is 6.0%.
Nore has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Nore
- The Sales Tax Rate for Nore is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Nore 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 Nore
- The average income of a Nore resident is $25,197 a year. The US average is $37,638 a year.
- The Median household income of a Nore resident is $56,250 a year. The US average is $69,021 a year.