Alexandria, Minnesota is a great place to live. It has an affordable cost of living with a two bedroom rent of $870 per month compared to the US average of $1,430. Grocery costs are also very reasonable with an index of 100 versus the US average of 100. There are many great local companies such as Viking Coca Cola, Douglas Machinery, and Alexandria Industries. The city also has numerous amenities and attractions such as Carlos Creek Winery, Kensington Runestone Park, Big Ole Viking Statue & Museum, and Konerza Family Farms Maze. With so much to offer, Alexandria is a great place to call home.
Alexandria has an unemployment rate of 4.1%. The US average is 6.0%.
Alexandria has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Alexandria
- The Sales Tax Rate for Alexandria is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Alexandria 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 Alexandria
- The average income of a Alexandria resident is $23,553 a year. The US average is $28,555 a year.
- The Median household income of a Alexandria resident is $54,193 a year. The US average is $69,021 a year.