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CHARLOTTE vs. SOCORRO
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Charlotte, North Carolina vs. Socorro, New Mexico
Cost of Living Comparison
The cost of living in Socorro, New Mexico is
26.4%
cheaper
than Charlotte, North Carolina.
You would need a salary of
$36,810
in Socorro, New Mexico to maintain the standard of living you have in Charlotte, North Carolina.
Comparison highlights
• Overall, Socorro, New Mexico is
cheaper
than Charlotte, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
58% cheaper in Socorro
than in Charlotte, North Carolina
Charlotte, NC vs. Socorro, NM
Compared to Charlotte, Socorro is:
Homeowner
No Child Care, Taxes not Considered
26.4% lower
Child Care
, Taxes not Considered
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Child Care, Taxes Considered
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No Child Care,
Taxes Considered
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Renter
No Child Care, Taxes not Considered
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Child Care
, Taxes not Considered
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Child Care, Taxes Considered
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No Child Care,
Taxes Considered
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Food
6.9% lower
Housing (Homeowner)
42.4% lower
Housing (Rent)
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Median Home Cost
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Utilities
9.1% higher
Commute
31.1% lower
Health
10.0% lower
Taxes
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Childcare
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Personal
8.0% lower
Cost of Food
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