Socorro, New Mexico vs. Portales, New Mexico

Cost of Living Comparison

The cost of living in Portales, New Mexico is 7.4% cheaper than Socorro, New Mexico.

You would need a salary of $46,322 in Portales, New Mexico to maintain the standard of living you have in Socorro, New Mexico.
Comparison highlights
• Overall, Portales, New Mexico is cheaper than Socorro, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in Portales
than in Socorro, New Mexico
Socorro, NM vs. Portales, NM
Compared to Socorro, Portales is:
  Homeowner
      No Child Care, Taxes not Considered
  7.4% lower
      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
  0.1% lower
  Housing (Homeowner)
  0.4% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  16.6% lower
  Commute
  0.3% lower
  Health
  1.2% higher
  Taxes
  Childcare
  Personal
  1.1% higher

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