Socorro, New Mexico vs. Salt Lake City, Utah

Cost of Living Comparison

The cost of living in Salt Lake City, Utah is 66.2% more expensive than Socorro, New Mexico.

You would need a salary of $116,349 in Salt Lake City, Utah to maintain the standard of living you have in Socorro, New Mexico.
Comparison highlights
• Overall, Salt Lake City, Utah is more expensive than Socorro, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
216% more expensive in Salt Lake City
than in Socorro, New Mexico
Socorro, NM vs. Salt Lake City, UT
Compared to Socorro, Salt Lake City is:
  Homeowner
      No Child Care, Taxes not Considered
  66.2% 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
  3.7% higher
  Housing (Homeowner)
  197.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  12.2% lower
  Commute
  38.8% higher
  Health
  18.5% higher
  Taxes
  Childcare
  Personal
  7.9% higher