Newark, Delaware vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 29.1% cheaper than Newark, Delaware.

You would need a salary of $95,739 in Socorro, New Mexico to maintain the standard of living you have in Newark, Delaware.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than Newark, Delaware
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
51% cheaper in Socorro
than in Newark, Delaware
Newark, DE vs. Socorro, NM
Compared to Newark, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  29.1% 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
  12.5% lower
  Housing (Homeowner)
  42.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  3.8% lower
  Commute
  28.9% lower
  Health
  24.0% lower
  Taxes
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  Childcare
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  Personal
  16.8% lower
Cost of Food
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