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Cannon AFB, NM vs Ruidoso, NM

96
Cannon AFB
New Mexico
VS
+21.2%
79
Ruidoso
New Mexico

There is a significant gap in the cost of living between these two cities. Ruidoso is 21.2% cheaper than Cannon AFB. With a cost index of 79 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ruidoso to Cannon AFB should plan for substantially higher expenses across most categories.

Renters will find that Cannon AFB has a median rent of $1,272/month while Ruidoso comes in at $924/month, a 38% difference.

Median household income in Cannon AFB is $67,132 compared to $50,259 in Ruidoso (+33.6%). 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 Cannon AFB spend roughly 22.7% of their income on rent, more than the 22.1% in Ruidoso.

Income & Cost

Cost of Living Index
Cannon AFB
96
Ruidoso
79
17% cheaper
Median Household Income
Cannon AFB
$67,132
25% higher
Ruidoso
$50,259

Housing

Median Rent
Cannon AFB
$1,272
Ruidoso
$924
27% cheaper
Median Home Value
Cannon AFB
Ruidoso
$229,100
Population
Cannon AFB
2,876
Ruidoso
7,701

Salary Equivalency Calculator

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