Cannon AFB, NM vs Spencerville, NM

Spencerville is moderately more affordable than Cannon AFB, with a 10.3% lower cost of living index. Cannon AFB scores 96 compared to 87 for Spencerville, 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 Spencerville comes in at $1,169/month, a 9% difference.

Median household income in Cannon AFB is $67,132 compared to $60,708 in Spencerville (+10.6%). 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, less than the 23.1% in Spencerville.