Roswell Metro Area, NM Cost of Living


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United States / New Mexico / Roswell Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Roswell, New Mexico?
$2,490 / month
for a family, 53.9% less expensive than the national average A total of $29,880 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Roswell cost of living score
71.6
Less expensive
28.4% lower
than the US average
19.0% lower
than the New Mexico average
Roswell New Mex Metro Area, New Mexico gets a BestPlaces Cost of Living score of 71.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.4% lower than the U.S. average and 19.0% higher than the average for New Mexico.

Roswell Metro Area, NM

Housing costs in Roswell?
A typical home costs $155,800, which is 53.9% less expensive than the national average of $338,100 and 41.7% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Roswell costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 14.6% cheaper than the state average of $1,020.

Can I afford Roswell?
To live comfortably in Roswell New Mex Metro Area, New Mexico, a minimum annual income of $29,880 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Roswell?
In Roswell, NM Metro Area, the cost of living is significantly lower than the US average. With a cost of living index of 71.6, it's 28.4 percent below the US average of 100. This means that residents can expect to pay less for goods and services than in cities with a higher cost of living. The median home value in Roswell is also much lower than the national average, at $155,800 compared to the US average of $338,100. This provides great affordability for those who want to purchase a home in this area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRoswellNew MexicoUnited States
    Unlock88.4100.0
  90.9  Unlock100.0
    Unlock82.6100.0
  41.8  Unlock100.0
    Unlock$267,100$338,100
  89.9  Unlock100.0
    Unlock84.6100.0
  78.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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