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Cañoncito, NM vs Clayton, NM

117
Cañoncito
New Mexico
VS
+93.6%
61
Clayton
New Mexico

The cost of living difference between Cañoncito, NM and Clayton, NM is dramatic. Clayton is 93.6% cheaper than Cañoncito, a gap that translates to thousands of dollars per year in household expenses. Cañoncito has a cost index of 117 while Clayton sits at 61, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cañoncito is $1,700/month compared to $637/month in Clayton — a 167% difference. Home values follow the same pattern: Clayton is more affordable at $111,500 median vs $402,400.

Median household income in Cañoncito is $72,072 compared to $40,192 in Clayton (+79.3%). The higher salaries in Cañoncito partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cañoncito spend roughly 28.3% of their income on rent, more than the 19% in Clayton.

Income & Cost

Cost of Living Index
Cañoncito
117
Clayton
61
48% cheaper
Median Household Income
Cañoncito
$72,072
44% higher
Clayton
$40,192

Housing

Median Rent
Cañoncito
$1,700
Clayton
$637
63% cheaper
Median Home Value
Cañoncito
$402,400
Clayton
$111,500
72% cheaper
Population
Cañoncito
946
Clayton
2,680

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cañoncito $2.99
Clayton
US $3.07
🥚
Eggs (grade A, large)
Cañoncito $2.44
Clayton
US $2.50
🥛
Milk (whole)
Cañoncito $3.92
Clayton
US $4.03
🍞
Bread (white)
Cañoncito $1.80
Clayton
US $1.85
🍗
Chicken breast
Cañoncito $4.04
Clayton
US $4.14
Electricity
Cañoncito $0.15
Clayton
US $0.19