West Palm Beach, Florida vs. Socorro, New Mexico

Cost of Living Comparison

The cost of living in Socorro, New Mexico is 32.0% cheaper than West Palm Beach, Florida.

You would need a salary of $33,981 in Socorro, New Mexico to maintain the standard of living you have in West Palm Beach, Florida.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than West Palm Beach, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
60% cheaper in Socorro
than in West Palm Beach, Florida
West Palm Beach, FL vs. Socorro, NM
Compared to West Palm Beach, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  32.0% 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
  11.8% lower
  Housing (Homeowner)
  45.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  10.4% higher
  Commute
  47.2% lower
  Health
  15.3% lower
  Taxes
  Childcare
  Personal
  14.2% lower