Cost of Living Calculator - Socorro, New Mexico vs Red Lodge, Montana


The cost of living in Red Lodge, Montana is 31.6% more expensive than Socorro, New Mexico.

You would need a salary of $98,707 in Red Lodge, Montana to maintain the standard of living you have in Socorro, New Mexico.
Comparison highlights
• Overall, Red Lodge, Montana is more expensive than Socorro, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
172% more expensive in Red Lodge
than in Socorro, New Mexico
Socorro, NM vs Red Lodge, MT
Compared to Socorro, Red Lodge is:
  Homeowner
      No Child Care, Taxes not Considered
  31.6% 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
  9.4% higher
  Housing (Homeowner)
  70.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  9.7% lower
  Commute
  38.8% higher
  Health
  7.6% higher
  Taxes
  Childcare
  Personal
  11.6% higher

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