Talpa, NM is a charming small town located in the southwest United States. The cost of living in Talpa, NM is quite low, with two bedroom rent costing just $950 per month compared to the US average of $1,430. Grocery cost index is also low at 100 versus 100 in the US. Talpa offers many local businesses for its citizens to enjoy such as Old Main Street Antiques, Talpa Cafe & Bakery, and Talpa Hardware Store. There are plenty more establishments that offer various products and services to meet the needs of locals and visitors alike.
Talpa has an unemployment rate of 10.5%. The US average is 6.0%.
Talpa has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Talpa
- The Sales Tax Rate for Talpa is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Talpa 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 Talpa
- The average income of a Talpa resident is $20,366 a year. The US average is $28,555 a year.
- The Median household income of a Talpa resident is $41,789 a year. The US average is $69,021 a year.