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Housing
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Health
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Cost of Living Calculator - Socorro, New Mexico vs Albuquerque, New Mexico

The cost of living in Albuquerque, New Mexico is 23.7% more expensive than Socorro, New Mexico.

You would need a salary of $89,068 in Albuquerque, New Mexico to maintain the standard of living you have in Socorro, New Mexico.
Comparison highlights
• Overall, Albuquerque, New Mexico is more expensive than Socorro, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
94% more expensive in Albuquerque
than in Socorro, New Mexico
Socorro, NM vs Albuquerque, NM
Compared to Socorro, Albuquerque is:
  Homeowner
      No Child Care, Taxes not Considered
  23.7% higher
      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
  3.9% higher
  Housing (Homeowner)
  54.4% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  9.3% lower
  Commute
  32.8% higher
  Health
  6.7% lower
  Taxes
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  Childcare
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  Personal
  6.2% higher
Cost of Food
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