Katy, Texas vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 30.7% cheaper than Katy, Texas.

You would need a salary of $34,655 in Socorro, New Mexico to maintain the standard of living you have in Katy, Texas.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than Katy, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
63% cheaper in Socorro
than in Katy, Texas
Katy, TX vs. Socorro, NM
Compared to Katy, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  30.7% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  6.8% lower
  Housing (Homeowner)
  45.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  15.4% higher
  Commute
  44.9% lower
  Health
  10.1% lower
  Taxes
  Childcare
  Personal
  8.0% lower