Alamogordo, NM is a great place to live. The average two bedroom rent in Alamogordo is $910 compared to the US average of $1,430. This makes Alamogordo more affordable than most places in the US. Grocery costs are also lower in Alamogordo with an index of 92 compared to the US average of 100. There are many businesses located in Alamogordo such as Walmart, Lowe's Home Improvement and Otero County Credit Union. These businesses offer competitive prices for goods and services making your money go even further. With its low rent and grocery costs, Alamogordo is an attractive place for those looking for a budget-friendly lifestyle.
Alamogordo has an unemployment rate of 7.0%. The US average is 6.0%.
Alamogordo has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Alamogordo
- The Sales Tax Rate for Alamogordo is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Alamogordo 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 Alamogordo
- The average income of a Alamogordo resident is $22,768 a year. The US average is $28,555 a year.
- The Median household income of a Alamogordo resident is $46,026 a year. The US average is $69,021 a year.