Columbus, ND is a great place to live for those looking for a low cost of living. The rent for a two bedroom apartment is $830, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Columbus is 95, compared to the US index of 100. Because of these lower prices, living in Columbus can be much more affordable than in other parts of the country. Residents are served by local businesses such as Cenex convenience stores and Dakota Harvest Bakery. With all these factors combined, Columbus offers an attractive option for anyone looking to save money while still enjoying a comfortable lifestyle.
Columbus has an unemployment rate of 6.5%. The US average is 6.0%.
Columbus has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 3.5%, which is lower than the US average of 33.5%.
Tax Rates for Columbus
- The Sales Tax Rate for Columbus is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Columbus is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Columbus
- The average income of a Columbus resident is $19,601 a year. The US average is $28,555 a year.
- The Median household income of a Columbus resident is $92,083 a year. The US average is $69,021 a year.