Las Cruces Cost of Living

Cost of Living

 

The following is a summary of data regarding several key cost of living factors for the Las Cruces metropolitan area.

 

  • 2004 (3rd Quarter) ACCRA Average House Price: $275,188

  • 2004 (3rd Quarter) ACCRA Cost of Living Index: 99.5 (U.S. average = 100.0)

  • State income tax rate: Ranges from 1.7% to 8.2%

  • State sales tax rate: 5.0% (prescription drugs and certain food and medical expenses exempt)

  • Local income tax rate: None Local sales tax rate: 7.0%

  • Property tax rate: $27.53 per $1,000 of 33.3% of assessed value
 

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