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Cost & Benefits

Is Cannon AFB, New Mexico affordable?

Simple answer

Yes, for many people.

Typical rent is $1,206 a month, or $14,472 a year. Typical pay is $63,000 a year. Rent is 23% of that pay. That is under the 30% line many counselors use.

The middle rent among places we list in this state is $936 a month. Cannon AFB is higher.

We can't compare home prices with pay, because one of those Census numbers is missing.

The 30% rule is a budget guide. It is not a benefit rule, and it is not your landlord's rule.

Taxes, childcare, and your own rent can change the picture. Benefit rules follow the state, not the city line.

Census 2020-2024. This page uses typical households, not your budget.