Capulin, NM is an affordable place to live with a 2 bedroom rent costing $730 which is significantly lower than the US average of $1,430. The grocery cost index for Capulin is 91 against 100 for the US. This, along with other low costs for goods and services, make Capulin an attractive option for those looking to save money. Some local businesses in Capulin include \"The Junction\" restaurant known for their traditional New Mexican dishes and \"Four Seasons Floral Design\" that provides flower arrangements and gifts. The overall cost of living in Capulin is quite low compared to the rest of the country making it an ideal place to live for those who are budget-conscious.
Capulin has an unemployment rate of 4.3%. The US average is 6.0%.
Capulin has seen the job market decrease by -12.9% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Capulin
- The Sales Tax Rate for Capulin is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Capulin 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 Capulin
- The average income of a Capulin resident is $20,702 a year. The US average is $37,638 a year.
- The Median household income of a Capulin resident is $28,750 a year. The US average is $69,021 a year.