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PARMA vs. SOCORRO
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Parma, Ohio vs. Socorro, New Mexico
Cost of Living Comparison
The cost of living in Socorro, New Mexico is
10.0%
cheaper
than Parma, Ohio.
You would need a salary of
$44,975
in Socorro, New Mexico to maintain the standard of living you have in Parma, Ohio.
Comparison highlights
• Overall, Socorro, New Mexico is
cheaper
than Parma, Ohio
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
10% cheaper in Socorro
than in Parma, Ohio
Parma, OH vs. Socorro, NM
Compared to Parma, Socorro is:
Homeowner
No Child Care, Taxes not Considered
10.0% 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
3.7% lower
Housing (Homeowner)
6.7% higher
Housing (Rent)
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Median Home Cost
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Utilities
14.4% higher
Commute
24.4% lower
Health
3.3% higher
Taxes
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Childcare
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Personal
11.3% lower
Cost of Food
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