Roy, NM vs Texico, NM

Roy, NM and Texico, NM have a very similar cost of living, with only a 0.8% difference in their overall index. Roy scores 68 while Texico scores 68 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 Roy is $1,055/month compared to $916/month in Texico — a 15% difference. Interestingly, home values tell a different story: while Texico has cheaper rent, Roy actually has lower median home values ($50,600 vs $95,000).

Median household income in Roy is $40,227 compared to $63,958 in Texico (-37.1%). Texico offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Roy spend roughly 31.5% of their income on rent, more than the 17.2% in Texico. The Texico ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.