North Germany, MN is a great place to live. The rent for a two-bedroom apartment here is much lower than the US average of $1,430; at only $830 per month, it's more affordable than most other places. This makes it ideal for people looking for an affordable living solution. In addition to that, North Germany is home to many local companies such as German Bakery, German Auto Repair Shop, and German Computer Store—each offering unique services that residents need. Grocery costs are also lower in North Germany, MN with an index score of 94 compared to the national average of 100. This makes North Germany an attractive place for those who want to save money on their living expenses without sacrificing quality or convenience.
North Germany has an unemployment rate of 6.9%. The US average is 6.0%.
North Germany has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 4.3%, which is lower than the US average of 33.5%.
Tax Rates for North Germany
- The Sales Tax Rate for North Germany is 7.4%. The US average is 7.3%.
- The Income Tax Rate for North Germany 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 North Germany
- The average income of a North Germany resident is $17,349 a year. The US average is $28,555 a year.
- The Median household income of a North Germany resident is $51,875 a year. The US average is $69,021 a year.