Cost of Living Calculator - Socorro, New Mexico vs Anchorage, Alaska


The cost of living in Anchorage, Alaska is 58.0% more expensive than Socorro, New Mexico.

You would need a salary of $118,533 in Anchorage, Alaska to maintain the standard of living you have in Socorro, New Mexico.
Comparison highlights
• Overall, Anchorage, Alaska is more expensive than Socorro, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
117% more expensive in Anchorage
than in Socorro, New Mexico
Socorro, NM vs Anchorage, AK
Compared to Socorro, Anchorage is:
  Homeowner
      No Child Care, Taxes not Considered
  58.0% 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
  32.4% higher
  Housing (Homeowner)
  153.7% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.8% higher
  Commute
  55.4% higher
  Health
  46.7% higher
  Taxes
  Childcare
  Personal
  34.7% higher

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