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ANCHORAGE vs. SOCORRO
Cost of Living Comparison

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Cost of Living Calculator - Anchorage, Alaska vs Socorro, New Mexico

The cost of living in Socorro, New Mexico is 36.7% cheaper than Anchorage, Alaska.

You would need a salary of $31,638 in Socorro, New Mexico to maintain the standard of living you have in Anchorage, Alaska.

Comparison highlights

• Overall, Socorro, New Mexico is cheaper than Anchorage, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
54% cheaper in Socorro
than in Anchorage, Alaska

Anchorage, AK vs Socorro, NM

Compared to Anchorage, Socorro is:

Homeowner

No Child Care, Taxes not Considered

36.7% 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

24.4% lower

Housing (Homeowner)

60.6% lower

Housing (Rent)

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Median Home Cost

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Utilities

0.8% lower

Commute

35.7% lower

Health

31.8% lower

Taxes

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Childcare

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Personal

25.8% lower

Cost of Food

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