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Cannon AFB, NM vs Loving, NM

96
Cannon AFB
New Mexico
VS
+13.9%
84
Loving
New Mexico

Loving is moderately more affordable than Cannon AFB, with a 13.9% lower cost of living index. Cannon AFB scores 96 compared to 84 for Loving, where the US average is 100. This difference means residents of Cannon AFB can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Cannon AFB has a median rent of $1,272/month while Loving comes in at $1,231/month, a 3% difference.

Median household income in Cannon AFB is $67,132 compared to $60,203 in Loving (+11.5%). The higher salaries in Cannon AFB partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cannon AFB spend roughly 22.7% of their income on rent, less than the 24.5% in Loving.

Income & Cost

Cost of Living Index
Cannon AFB
96
Loving
84
12% cheaper
Median Household Income
Cannon AFB
$67,132
10% higher
Loving
$60,203

Housing

Median Rent
Cannon AFB
$1,272
Loving
$1,231
3% cheaper
Median Home Value
Cannon AFB
Loving
$177,400
Population
Cannon AFB
2,876
Loving
1,317

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