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Now includes childcare, taxes, health, housing for home owners vs renters, insurance costs and more when you upgrade to premium.
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RICHMOND vs. SOCORRO
Cost of Living Comparison
Comparison
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Housing
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Cost of Living Calculator - Richmond, Virginia vs Socorro, New Mexico
The cost of living in Socorro, New Mexico is
23.6%
cheaper
than Richmond, Virginia.
You would need a salary of
$48,882
in Socorro, New Mexico to maintain the standard of living you have in Richmond, Virginia.
Comparison highlights
• Overall, Socorro, New Mexico is
cheaper
than Richmond, Virginia
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
51% cheaper in Socorro
than in Richmond, Virginia
Richmond, VA vs Socorro, NM
Compared to Richmond, Socorro is:
Homeowner
No Child Care, Taxes not Considered
23.6% 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
5.7% lower
Housing (Homeowner)
38.5% lower
Housing (Rent)
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Median Home Cost
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Utilities
8.4% higher
Commute
19.4% lower
Health
13.8% lower
Taxes
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Childcare
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Personal
13.3% lower
Cost of Food
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