Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Ely, Nevada vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 9.9% cheaper than Ely, Nevada.

You would need a salary of $45,031 in Socorro, New Mexico to maintain the standard of living you have in Ely, Nevada.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than Ely, Nevada
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
6% cheaper in Socorro
than in Ely, Nevada
Ely, NV vs. Socorro, NM
Compared to Ely, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  9.9% 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
  1.3% higher
  Housing (Homeowner)
  20.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  28.1% higher
  Commute
  10.7% lower
  Health
  31.9% lower
  Taxes
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  Childcare
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  Personal
  5.8% lower
Cost of Food
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