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LOVINGTON vs. SOCORRO
Cost of Living Comparison

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

The cost of living in Socorro, New Mexico is 7.4% cheaper than Lovington, New Mexico.

You would need a salary of $46,280 in Socorro, New Mexico to maintain the standard of living you have in Lovington, New Mexico.

Comparison highlights

• Overall, Socorro, New Mexico is cheaper than Lovington, New Mexico
• Transportation is the biggest factor in the cost of living difference.

Transportation
16% cheaper in Socorro
than in Lovington, New Mexico

Lovington, NM vs Socorro, NM

Compared to Lovington, Socorro is:

Homeowner

No Child Care, Taxes not Considered

7.4% 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

0.5% higher

Housing (Homeowner)

11.5% higher

Housing (Rent)

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Median Home Cost

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Utilities

26.9% higher

Commute

16.9% lower

Health

2.8% lower

Taxes

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Childcare

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Personal

5.0% lower

Cost of Food

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