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