Minot AFB, ND is an ideal place to live for those looking for a cost-effective lifestyle. It has a low 2 Bedroom rent price of $990 compared to the US average of $1,430 and has a grocery cost index of 103, above the US average of 100. On top of this, Minot AFB, ND residents have access to several local companies such as Walmart, which offers groceries and general merchandise at affordable prices; Hometown Foods which offers fresh food products; Cenex which provides gas station services; and KFC for delicious fried chicken. Those living in Minot AFB, ND can also enjoy many outdoor activities due to its close proximity to Lake Minot.
Minot AFB has an unemployment rate of 6.0%. The US average is 6.0%.
Minot AFB has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 11.1%, which is lower than the US average of 33.5%.
Tax Rates for Minot AFB
- The Sales Tax Rate for Minot AFB is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Minot AFB 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 Minot AFB
- The average income of a Minot AFB resident is $16,744 a year. The US average is $28,555 a year.
- The Median household income of a Minot AFB resident is $72,500 a year. The US average is $69,021 a year.