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Cañoncito, NM vs Jemez Springs, NM

117
Cañoncito
New Mexico
VS
+28.3%
92
Jemez Springs
New Mexico

There is a significant gap in the cost of living between these two cities. Jemez Springs is 28.3% cheaper than Cañoncito. With a cost index of 92 vs 117, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Jemez Springs to Cañoncito should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cañoncito is $1,700/month compared to $1,167/month in Jemez Springs — a 46% difference. Home values follow the same pattern: Jemez Springs is more affordable at $285,300 median vs $402,400.

Median household income in Cañoncito is $72,072 compared to $97,500 in Jemez Springs (-26.1%). Jemez Springs offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cañoncito spend roughly 28.3% of their income on rent, more than the 14.4% in Jemez Springs.

Income & Cost

Cost of Living Index
Cañoncito
117
Jemez Springs
92
22% cheaper
Median Household Income
Cañoncito
$72,072
Jemez Springs
$97,500
26% higher

Housing

Median Rent
Cañoncito
$1,700
Jemez Springs
$1,167
31% cheaper
Median Home Value
Cañoncito
$402,400
Jemez Springs
$285,300
29% cheaper
Population
Cañoncito
946
Jemez Springs
318

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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