Housing costs in Roy?
A typical home costs
$124,200, which is 63.3% less expensive than the national average of
$338,100 and 53.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Roy costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 27.5% cheaper than the state average of
$1,020.
Can I afford Roy?
To live comfortably in Roy (zip 87743), New Mexico, a minimum annual income of
$23,760 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Roy?
87743 Roy, NM has an average cost of living that is lower than the national average. The median home value is approximately $96,000, which is significantly lower than many other parts of the country. Renting in Roy is also quite affordable; the median rent for a one bedroom apartment is around $600 per month. Food costs are also relatively low in town compared to other places. Groceries and groceries plus dining out together cost around 20% less than the national average. This makes 87743 Roy, NM an attractive place to live for people looking for a lower cost of living without sacrificing quality amenities.