Housing costs in Canones?
A typical home costs
$245,900, which is 27.3% less expensive than the national average of
$338,100 and 7.9% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Canones costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 32.5% cheaper than the state average of
$1,020.
Can I afford Canones?
To live comfortably in Canones, New Mexico, a minimum annual income of
$47,160 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Canones?
Canones, NM is a small town in New Mexico known for its rural atmosphere and low cost of living. The median home value in the area is far below the national average, and rental prices are also very reasonable. Utility bills, groceries, and other basic necessities are all quite affordable, making it a great option for those looking to stretch their budget. Additionally, there are plenty of opportunities for outdoor activities in the immediate area, such as hiking trails, rivers and lakes for fishing or swimming. All these factors combine to make Canones an attractive place to live on a budget.