Chili, New Mexico is a small town located in the south of the state. It’s a great place to live for those looking to enjoy the scenery and peacefulness of rural America. The median rent for a two-bedroom home in Chili is $810, which is significantly lower than the US median rent of $1,430. Additionally, it has an affordable Grocery Cost Index of 95 compared to 100 in other areas of the United States.
The town features many local companies and establishments such as Los Amigos Restaurant, Chili Garage & Automotive Repair, C&M Mechanical Services LLC, W&J Electrical Contractors LLC, and Papa Joe's Mexican Food. The local community center also offers activities such as cultural classes and recreational sports for children and adults alike. There are also plenty of outdoor activities to take part in within close proximity including camping trips at nearby parks or hikes through natural landscapes like Gila National Forest or La Cueva Mountain Park. All in all, Chili is an ideal place to live with its abundant opportunities and affordable cost of living.
Chili has an unemployment rate of 8.0%. The US average is 6.0%.
Chili has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Chili
- The Sales Tax Rate for Chili is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Chili 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 Chili
- The average income of a Chili resident is $26,964 a year. The US average is $28,555 a year.
- The Median household income of a Chili resident is $53,664 a year. The US average is $69,021 a year.