Cost of Living Calculator - New Orleans, Louisiana vs Socorro, New Mexico


The cost of living in Socorro, New Mexico is 27.8% cheaper than New Orleans, Louisiana.

You would need a salary of $162,554 in Socorro, New Mexico to maintain the standard of living you have in New Orleans, Louisiana.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than New Orleans, Louisiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
38% cheaper in Socorro
than in New Orleans, Louisiana
New Orleans, LA vs Socorro, NM
Compared to New Orleans, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  27.8% 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
  6.9% lower
  Housing (Homeowner)
  26.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  22.8% higher
  Commute
  49.2% lower
  Health
  16.1% lower
  Taxes
  Childcare
  Personal
  6.5% lower

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