Housing costs in Roy?
A typical home costs
$109,100, which is 67.7% less expensive than the national average of
$338,100 and 59.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Roy costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 24.4% cheaper than the state average of
$1,020.
Can I afford Roy?
To live comfortably in Roy, New Mexico, a minimum annual income of
$20,880 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Roy?
The cost of living in Roy, NM is relatively low when compared to other cities in the area and across the United States. The median home price is around $93,000, which is significantly lower than a majority of cities in the region. Utilities are also quite affordable, with electricity and natural gas rates being some of the lowest in New Mexico. Other expenses such as groceries and healthcare are also priced competitively. Generally speaking, Roy's cost of living index is about 16% lower than the U.S. average.