Prior, MN is a small city located in the south of Minnesota. With an estimated population of less than 5,000 people, Prior is a peaceful and quiet town that offers affordable living options for its residents. The 2 bedroom rent in Prior, MN is approximately $820 per month which is significantly lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Prior is 94 versus 100 in the US - indicating that grocery costs are lower in this city compared to other parts of America. For those looking to relocate or visit Prior there are several local companies worth noting such as The Not So Typical Bar & Grill, Twin City Amusement Co., and Papa’s Ice Cream Parlour.
Prior has an unemployment rate of 5.9%. The US average is 6.0%.
Prior has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Prior
- The Sales Tax Rate for Prior is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Prior 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 Prior
- The average income of a Prior resident is $21,176 a year. The US average is $28,555 a year.
- The Median household income of a Prior resident is $43,438 a year. The US average is $69,021 a year.