Davenport, Iowa vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 6.5% cheaper than Davenport, Iowa.

You would need a salary of $60,777 in Socorro, New Mexico to maintain the standard of living you have in Davenport, Iowa.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than Davenport, Iowa
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
4% cheaper in Socorro
than in Davenport, Iowa
Davenport, IA vs. Socorro, NM
Compared to Davenport, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  6.5% 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
  2.9% lower
  Housing (Homeowner)
  4.0% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  18.1% higher
  Commute
  15.7% lower
  Health
  17.2% lower
  Taxes
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  Childcare
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  Personal
  3.5% lower
Cost of Food
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