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DCost of living
Cost of living in Cannon AFB

Measured against area pay, Cannon AFB costs more to live in than 95% of U.S. towns

Zillow and Redfin don’t publish market figures for Cannon AFB, so this page shows what the Census and federal housing data say about its homes.

Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Clovis, NM micro area ($56K). How TownRatings grades cost of living

2-bedroom rent
$1,140
a month, utilities in · HUD
Area income (the grade’s yardstick)
$56K
Clovis-area median
Why Cannon AFB gets a D

The grade compares costs with what households across the Clovis-area micro earn ($56K, Census 2020–24). Even so, the typical home costs what the Census reports, and 34% of renters pay 30% or more of income for housing.

In dollars

  • $1,140a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026

In paychecks the grade

  • 26%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
  • 34%of renters pay 30%+ of income for housing; across New Mexico: 50%Census 2020–24

What kind of housing town is Cannon AFB?

Read from the numbers below. The page puts what stands out first.

A renters’ town100% of households rent.
Newer homesThe typical home was built around 2012.
Cost of living grade

What’s behind Cannon AFB’s grade

Measured against what households in the area earn, Cannon AFB is more affordable than 5% of U.S. towns. The four inputs sit close together, so no single cost explains the grade.

–Home pricesToo few households in the Census sample
DRent26% of area income · NM towns 19% · U.S. 18%
–Property taxToo few households in the Census sample
C−Households stretched34% pay 30%+ · NM towns 23% · U.S. 25%
All U.S. towns we grade (21,243)More affordable than 5%
CostlierMore affordable
How sure. Cannon AFB’s Census figures cover about 560 households. At the ends of the Census margins (area income ±$4,158, owners paying 30%+ ±0.0 points), Cannon AFB could be anywhere from D− to D.

How TownRatings grades cost of living →

★ What stands out · Renting

A two-bedroom rents for about $1,140

Renters already here pay a median of $1,206.

Fair Market Rent a month, utilities included

Studio$790
1 bedroom$930
2 bedrooms$1,140
3 bedrooms$1,480
4 bedrooms$1,910
100%
of households rent · NM 30%
560
renter households
34%
of renters spend 30%+ of income on rent · NM 50%
22%
of the median income, for a two-bedroom
$1,206
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Curry County, NM): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Cannon AFB and its neighbors

One source per column.

Cost next door · one source per column

TownCostTypical home
Zillow, latest		Median value
Census 2020–24		Tax rate
bill ÷ value		2-bed rent
HUD 2026
Cannon AFBD———$1,140

“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.

Questions about the cost of living in Cannon AFB

Is Cannon AFB expensive to live in?

Measured against what households in the area earn, Cannon AFB costs more than 95% of U.S. towns: a D for cost of living.

How much is rent in Cannon AFB?

HUD puts a two-bedroom at about $1,140 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,206 (Census 2020–24).

Neighbors talk housing

What Cannon AFB buyers, sellers and renters are saying.

Town Square →
Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.