Cortez, Colorado vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 14.2% cheaper than Cortez, Colorado.

You would need a salary of $42,924 in Socorro, New Mexico to maintain the standard of living you have in Cortez, Colorado.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than Cortez, Colorado
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
42% cheaper in Socorro
than in Cortez, Colorado
Cortez, CO vs. Socorro, NM
Compared to Cortez, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  14.2% 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
  7.8% lower
  Housing (Homeowner)
  37.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  1.0% higher
  Commute
  9.4% lower
  Health
  6.6% higher
  Taxes
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  Childcare
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  Personal
  5.3% lower
Cost of Food
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