Raton, New Mexico vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 3.7% more expensive than Raton, New Mexico.

You would need a salary of $51,836 in Socorro, New Mexico to maintain the standard of living you have in Raton, New Mexico.
Comparison highlights
• Overall, Socorro, New Mexico is more expensive than Raton, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
18% more expensive in Socorro
than in Raton, New Mexico
Raton, NM vs. Socorro, NM
Compared to Raton, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  3.7% higher
      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
  2.4% higher
  Housing (Homeowner)
  40.0% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  12.6% lower
  Commute
  5.0% higher
  Health
  1.2% lower
  Taxes
  Childcare
  Personal
  2.9% lower