Las Cruces, NM is a vibrant city located in the southern part of the state. It is known for its sunny weather and friendly atmosphere, making it a great place to live. Not only is Las Cruces affordable, but the average two bedroom rents for just $990 per month which is significantly lower than the national average of $1,430. Additionally, residents have access to reasonably priced groceries due to the Grocery Cost Index being 94 compared to 100 nationally. The city has many local companies including Las Cruces Party Rentals, Rio Grande Trailers & Trucks LLC., and FirstLight Federal Credit Union, which provide quality services to locals and visitors alike. With all these benefits combined, it’s no wonder why so many people are choosing to call Las Cruces home.
Las Cruces has an unemployment rate of 7.1%. The US average is 6.0%.
Las Cruces has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Las Cruces
- The Sales Tax Rate for Las Cruces is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Las Cruces is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Las Cruces
- The average income of a Las Cruces resident is $21,782 a year. The US average is $28,555 a year.
- The Median household income of a Las Cruces resident is $47,722 a year. The US average is $69,021 a year.