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BAYARD vs. SOCORRO
Cost of Living Comparison

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Cost of Living Calculator - Bayard, New Mexico vs Socorro, New Mexico

The cost of living in Socorro, New Mexico is 6.2% more expensive than Bayard, New Mexico.

You would need a salary of $53,111 in Socorro, New Mexico to maintain the standard of living you have in Bayard, New Mexico.

Comparison highlights

• Overall, Socorro, New Mexico is more expensive than Bayard, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
45% more expensive in Socorro
than in Bayard, New Mexico

Bayard, NM vs Socorro, NM

Compared to Bayard, Socorro is:

Homeowner

No Child Care, Taxes not Considered

6.2% higher

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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Food

3.4% higher

Housing (Homeowner)

61.9% higher

Housing (Rent)

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Median Home Cost

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Utilities

14.5% higher

Commute

1.2% lower

Health

0.2% higher

Taxes

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Childcare

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Personal

5.4% lower

Cost of Food

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