La Veta, CO is a small town located in southern Colorado. It is known for its small-town charm and friendly locals. The cost of living in La Veta is considerably lower than the national average. The median rent for a two-bedroom apartment is $1,040 compared to $1,430 nationally. Additionally, the grocery cost index in La Veta is 104 as compared to 100 nationally. Local businesses in La Veta include restaurants such as El Mezquite and Bodega Restaurant and Brewery, shopping centers such as The Trading Post and local entertainment spots like Aarque & Blaire Music Hall. Overall, La Veta offers a low-cost of living with plenty of amenities that make it great place to live for those looking for an affordable yet comfortable lifestyle.
La Veta has an unemployment rate of 9.8%. The US average is 6.0%.
La Veta has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 48.3%, which is higher than the US average of 33.5%.
Tax Rates for La Veta
- The Sales Tax Rate for La Veta is 4.9%. The US average is 7.3%.
- The Income Tax Rate for La Veta is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for La Veta
- The average income of a La Veta resident is $19,747 a year. The US average is $28,555 a year.
- The Median household income of a La Veta resident is $45,991 a year. The US average is $69,021 a year.