Cost of Living Calculator - Wilmington, North Carolina vs Socorro, New Mexico


The cost of living in Socorro, New Mexico is 23.9% cheaper than Wilmington, North Carolina.

You would need a salary of $57,052 in Socorro, New Mexico to maintain the standard of living you have in Wilmington, North Carolina.
Comparison highlights
• Overall, Socorro, New Mexico is cheaper than Wilmington, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
57% cheaper in Socorro
than in Wilmington, North Carolina
Wilmington, NC vs Socorro, NM
Compared to Wilmington, Socorro is:
  Homeowner
      No Child Care, Taxes not Considered
  23.9% 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
  7.5% lower
  Housing (Homeowner)
  42.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  10.3% higher
  Commute
  13.6% lower
  Health
  28.0% lower
  Taxes
  Childcare
  Personal
  8.4% lower

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