Florence, Arizona vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 24.4% cheaper than Florence, Arizona.

You would need a salary of $37,796 in Socorro, New Mexico to maintain the standard of living you have in Florence, Arizona.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than Florence, Arizona
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
55% cheaper in Socorro
than in Florence, Arizona
Florence, AZ vs. Socorro, NM
Compared to Florence, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  24.4% 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
  3.5% lower
  Housing (Homeowner)
  39.0% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  3.3% higher
  Commute
  22.8% lower
  Health
  14.8% lower
  Taxes
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  Childcare
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  Personal
  8.0% lower
Cost of Food
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