Aztec, NM vs Cannon AFB, NM
There is a significant gap in the cost of living between these two cities. Aztec is 29.9% cheaper than Cannon AFB. With a cost index of 67 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Aztec to Cannon AFB should plan for substantially higher expenses across most categories.
Renters will find that Aztec has a median rent of $765/month while Cannon AFB comes in at $1,272/month, a 40% difference.
Median household income in Aztec is $42,699 compared to $67,132 in Cannon AFB (-36.4%). While Cannon AFB is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Aztec spend roughly 21.5% of their income on rent, less than the 22.7% in Cannon AFB.
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