Cost of Living in Lobo Canyon, NM
Population: 431 | New Mexico
Lobo Canyon is 14% less expensive than the national average.
Cost of Living in Lobo Canyon, NM: What You Need to Know
With a cost of living index of 86, Lobo Canyon, NM is a very affordable place to live. Living here is 14% cheaper than the national average and in line with the New Mexico state average. Lobo Canyon is a small community of 431 residents.
The median household income in Lobo Canyon is $88,951, which is 18% higher than the national median of $75,149.
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.
Income
- Median Household Income
- $88,951
- vs US Median ($75,149)
- +18%
Housing
- Median Home Value
- $164,500
- Median Monthly Housing Cost
- $1,395/mo