Cost of Living in Cannon AFB, NM

With a cost of living index of 96, Cannon AFB, NM is slightly more affordable than average. Living here is 4% cheaper than the national average and 10% above the New Mexico state average of 86. Cannon AFB is a small community of 2,876 residents.

The median household income in Cannon AFB is $67,132, which is 11% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.