Gallup, NM vs Roswell, NM

Gallup, NM and Roswell, NM have a very similar cost of living, with only a 0.2% difference in their overall index. Gallup scores 69 while Roswell scores 69 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Gallup is $858/month compared to $840/month in Roswell — a 2% difference. Interestingly, home values tell a different story: while Roswell has cheaper rent, Gallup actually has lower median home values ($134,600 vs $139,200).

Median household income in Gallup is $57,466 compared to $50,294 in Roswell (+14.3%). While Gallup is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gallup spend roughly 17.9% of their income on rent, less than the 20% in Roswell.