Las Vegas, NM is a small town in New Mexico with an abundance of natural beauty and local charm. It is a great place to live due to its low cost of living; the median 2-bedroom rent is $790 compared to the national average of $1430. Groceries are also relatively inexpensive with the local grocery cost index being 93 compared to the national average of 100. There are numerous local businesses in Las Vegas that provide services and employment opportunities for residents including restaurants, cafes, shops, and professional services. With its affordable housing costs and plentiful job options, Las Vegas is an excellent place to call home.
Las Vegas has an unemployment rate of 8.2%. The US average is 6.0%.
Las Vegas has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Las Vegas
- The Sales Tax Rate for Las Vegas is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Las Vegas 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 Las Vegas
- The average income of a Las Vegas resident is $17,106 a year. The US average is $28,555 a year.
- The Median household income of a Las Vegas resident is $34,335 a year. The US average is $69,021 a year.