Cost of Living in Cañones, NM

With a cost of living index of 115, Cañones, NM is a notably expensive place to live. Living here is 15% more expensive than the national average and 29% above the New Mexico state average of 86. Cañones is a small community of 91 residents.

The median household income in Cañones is $98,750, which is 31% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

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.