Cost of Living Calculator - El Paso, Texas vs Socorro, New Mexico


The cost of living in Socorro, New Mexico is 10.5% cheaper than El Paso, Texas.

You would need a salary of $44,756 in Socorro, New Mexico to maintain the standard of living you have in El Paso, Texas.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than El Paso, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
19% cheaper in Socorro
than in El Paso, Texas
El Paso, TX vs Socorro, NM
Compared to El Paso, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  10.5% 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
  0.4% higher
  Housing (Homeowner)
  0.9% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  10.4% higher
  Commute
  26.8% lower
  Health
  11.2% lower
  Taxes
  Childcare
  Personal
  2.6% lower

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