Zip 88203 (Roswell, NM) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Roswell, New Mexico?
$2,070 / month
for a family, 61.7% less expensive than the national average A total of $24,840 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
71.2
Less expensive
28.8% lower
than the US average
19.5% lower
than the New Mexico average
Roswell (zip 88203), New Mexico gets a BestPlaces Cost of Living score of 71.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.8% lower than the U.S. average and 19.5% higher than the average for New Mexico.

Zip 88203 (Roswell, NM)

Housing costs in Roswell?
A typical home costs $130,400, which is 61.4% less expensive than the national average of $338,100 and 51.2% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Roswell costs $890 per month, which is 12.7% cheaper than the national average of $1,020 and close to the state average of $890.

Can I afford Roswell?
To live comfortably in Roswell (zip 88203), New Mexico, a minimum annual income of $24,840 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Roswell?
The cost of living in 88203 Roswell, NM is moderate compared to other cities in the country. According to BestPlaces, basic utilities for an apartment of 85 square meters costs around $152 per month. Groceries are also moderately priced with a typical meal costing around $12. Gasoline prices are on par with the national average at about $2.45 per gallon. The median home price in Roswell is around $150,000, making it a relatively affordable option for potential homeowners. Renters can also find reasonable options with a one-bedroom apartment renting for an average of $590 per month while a three-bedroom apartment rents for around $800 per month. In general, the cost of living in Roswell is reasonable and livable for most households.
   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
  90.5  Unlock100.0
    Unlock82.6100.0
  33.9  Unlock100.0
    Unlock$267,100$338,100
  88.3  Unlock100.0
    Unlock84.6100.0
  78.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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