Living in 88005 Las Cruces, NM is an ideal choice for those looking for an affordable place to stay. The average two bedroom rent in 88005 Las Cruces is $890 which is significantly lower than the US national average of $1,430. In addition to this, grocery costs are much more affordable with a Grocery Cost Index of 95 compared to the US index of 100. Residents have access to well-known retailers such as Albertsons and Lowe's and local stores like Farmers Market and El Sombrero Supermarket. With its abundance of amenities and affordability, living in 88005 Las Cruces is a great lifestyle choice.
Las Cruces (zip 88005) has an unemployment rate of 7.1%. The US average is 6.0%.
Las Cruces (zip 88005) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Las Cruces (zip 88005)
- The Sales Tax Rate for Las Cruces (zip 88005) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Las Cruces (zip 88005) 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 Cruces (zip 88005)
- The average income of a Las Cruces (zip 88005) resident is $23,014 a year. The US average is $28,555 a year.
- The Median household income of a Las Cruces (zip 88005) resident is $46,491 a year. The US average is $69,021 a year.