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.