Cost of Living in Roy, NM

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

74.0

100 = national avg

-26.0 vs national average

Living Wage (1 Adult)

$32,579

per year

Living Wage (Family of 4)

$77,004

per year

Cost Index by Category

Housing
76.2
Food
80.7
Transportation
61.5
Healthcare
84.6
Utilities
83.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$853

per month

2 Bedroom

$1,040

per month

The overall cost of living index in Roy is 74.0, which is 26.0% below the national average. Housing costs are below the national average at an index of 76.2. A single adult needs to earn approximately $32,579 per year to cover basic expenses.