Toledo, Ohio vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 1.7% more expensive than Toledo, Ohio.

You would need a salary of $50,831 in Socorro, New Mexico to maintain the standard of living you have in Toledo, Ohio.
Comparison highlights
• Overall, Socorro, New Mexico is more expensive than Toledo, Ohio
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
56% more expensive in Socorro
than in Toledo, Ohio
Toledo, OH vs. Socorro, NM
Compared to Toledo, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  1.7% 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
  2.3% higher
  Housing (Homeowner)
  92.6% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  10.3% higher
  Commute
  20.2% lower
  Health
  5.6% lower
  Taxes
  Childcare
  Personal
  8.3% lower