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RALEIGH vs. SOCORRO
Cost of Living Comparison

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Cost of Living Calculator - Raleigh, North Carolina vs Socorro, New Mexico

The cost of living in Socorro, New Mexico is 28.3% cheaper than Raleigh, North Carolina.

You would need a salary of $35,840 in Socorro, New Mexico to maintain the standard of living you have in Raleigh, North Carolina.

Comparison highlights

• Overall, Socorro, New Mexico is cheaper than Raleigh, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
62% cheaper in Socorro
than in Raleigh, North Carolina

Raleigh, NC vs Socorro, NM

Compared to Raleigh, Socorro is:

Homeowner

No Child Care, Taxes not Considered

28.3% 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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Food

8.2% lower

Housing (Homeowner)

51.9% lower

Housing (Rent)

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Median Home Cost

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Utilities

8.2% higher

Commute

24.0% lower

Health

9.8% lower

Taxes

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Childcare

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Personal

6.8% lower

Cost of Food

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