Santa Fe, New Mexico vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 35.6% cheaper than Santa Fe, New Mexico.

You would need a salary of $64,386 in Socorro, New Mexico to maintain the standard of living you have in Santa Fe, New Mexico.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than Santa Fe, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
70% cheaper in Socorro
than in Santa Fe, New Mexico
Santa Fe, NM vs. Socorro, NM
Compared to Santa Fe, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  35.6% 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
  8.5% lower
  Housing (Homeowner)
  65.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  7.6% higher
  Commute
  16.1% lower
  Health
  4.0% higher
  Taxes
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  Childcare
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  Personal
  14.0% lower
Cost of Food
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