Cost of Living: Roswell, NM vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Roswell, NM versus $4,227/mo in Chicago, IL. In the model, rent is about 12.24% of gross in Roswell, NM versus 20.28% in Chicago, IL, so Roswell, NM tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Roswell, NM and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Roswell, NM
- Lower home prices: Roswell, NM
- Higher median household income: Chicago, IL
Cost of Living Index
Roswell, NM: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Roswell, NM, so a given salary generally stretches further there.
Median Rent
Roswell, NM: $798/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $525/mo higher than in Roswell, NM.
Median Home Price
Roswell, NM: $139,200 · Chicago, IL: $147,800
Median home price in Chicago, IL is $8,600 higher than in Roswell, NM.
Median Household Income
Roswell, NM: $50,294 · Chicago, IL: $56,815
Chicago, IL has a higher median household income than Roswell, NM by $6,521.
Roswell, NM overview · Chicago, IL overview · Popular comparisons