El Paso, Texas vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 10.5% cheaper than El Paso, Texas.

You would need a salary of $49,232 in Socorro, New Mexico to maintain the standard of living you have in El Paso, Texas.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than El Paso, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
19% cheaper in Socorro
than in El Paso, Texas
El Paso, TX vs. Socorro, NM
Compared to El Paso, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  10.5% 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
  0.4% higher
  Housing (Homeowner)
  0.9% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  10.4% higher
  Commute
  26.8% lower
  Health
  11.2% lower
  Taxes
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  Childcare
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  Personal
  2.6% lower
Cost of Food
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