Cost of Living: Rio Rancho, NM vs Roswell, NM
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Rio Rancho, NM versus $4,230/mo in Roswell, NM. In the model, rent is about 21.58% of gross in Rio Rancho, NM versus 12.24% in Roswell, NM, so Roswell, NM tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Rio Rancho, NM and Roswell, NM.
At a glance
- Cheaper overall (lower cost-of-living index): Roswell, NM
- Lower rent (median 1BR/2BR): Roswell, NM
- Lower home prices: Roswell, NM
- Higher median household income: Rio Rancho, NM
Cost of Living Index
Rio Rancho, NM: 100 (U.S. = 100) · Roswell, NM: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Rio Rancho, NM: $1,407/mo (midpoint of 1BR/2BR) · Roswell, NM: $798/mo
Median rent in Rio Rancho, NM is $609/mo higher than in Roswell, NM.
Median Home Price
Rio Rancho, NM: $273,300 · Roswell, NM: $139,200
Median home price in Rio Rancho, NM is $134,100 higher than in Roswell, NM.
Median Household Income
Rio Rancho, NM: $85,755 · Roswell, NM: $50,294
Rio Rancho, NM has a higher median household income than Roswell, NM by $35,461.
Rio Rancho, NM overview · Roswell, NM overview · Popular comparisons