Cost of Living

Positive Economic Growth and Lower Costs of Living

Carlsbad’s economy has remained positive throughout all the recent turmoil across the nation. It is one of the very few places with positive economic growth. Residents and businesses alike have enjoyed lower costs of living while growing. For additional information on the cost of living in Carlsbad, please visit:

Cost of Living Statistics 

Utilities

The following are average utility costs in Carlsbad:

Taxes

Gross receipts tax in Carlsbad is 7.6458%. 

Housing Costs

The median housing cost as of January 2024 for Eddy County is $362,982.

Apartment Rentals 

Apartment updates from the major suppliers in the market:

Median Income

The median household income as of 2024 for Eddy County is $77,209 (census).