Los Chaves, NM is a small town in New Mexico that has a lot to offer. The rental costs for 2 bedroom apartments are significantly lower than the national average, at $1,110 compared to $1,430 across the U.S. Grocery costs are much cheaper as well with an index of 92 versus 100 in the US. This makes it a great place for people looking to save money in their day-to-day lives.
Local businesses in Los Chaves, NM include Ace Hardware, Chevron Station, Tractor Supply Co., and B & K Auto Repair & Towing. All these companies provide excellent services and products to locals and visitors alike. Whether you’re looking for a hardware store for your home project needs or an auto repair shop to get your car back on the road fast, they have you covered!
Los Chaves has an unemployment rate of 8.0%. The US average is 6.0%.
Los Chaves has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Los Chaves
- The Sales Tax Rate for Los Chaves is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Los Chaves 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 Los Chaves
- The average income of a Los Chaves resident is $20,936 a year. The US average is $28,555 a year.
- The Median household income of a Los Chaves resident is $62,167 a year. The US average is $69,021 a year.