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Carrizozo, NM vs Roy, NM

58
Carrizozo
New Mexico
VS
-15.8%
68
Roy
New Mexico

There is a significant gap in the cost of living between these two cities. Carrizozo is 15.8% cheaper than Roy. With a cost index of 58 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carrizozo to Roy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carrizozo is $618/month compared to $1,055/month in Roy — a 41% difference. Interestingly, home values tell a different story: while Carrizozo has cheaper rent, Roy actually has lower median home values ($50,600 vs $80,200).

Median household income in Carrizozo is $26,121 compared to $40,227 in Roy (-35.1%). While Roy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carrizozo spend roughly 28.4% of their income on rent, less than the 31.5% in Roy. The Carrizozo ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Carrizozo
58
16% cheaper
Roy
68
Median Household Income
Carrizozo
$26,121
Roy
$40,227
35% higher

Housing

Median Rent
Carrizozo
$618
41% cheaper
Roy
$1,055
Median Home Value
Carrizozo
$80,200
Roy
$50,600
37% cheaper
Population
Carrizozo
959
Roy
321

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