Cost of Living In Socorro, New Mexico - Is Socorro Cheap Place To Live?

How expensive is it to live in Socorro, New Mexico?
Is it very expensive to live in Socorro, New Mexico? How much money do you need to live comfortably in Socorro? Let's find out. The cost of living index is based on a national average of 100. An amount below 100 means Socorro, New Mexico is cheaper than the US average. A cost of living index above 100 means Socorro, New Mexico is more expensive. Socorro, New Mexico cost of living is 84. Which is 16% lower than US average.
Median Home Cost
$135700
41% NAT AVG.
Median Income
$43337
36% NAT AVG.
Median Rent
$688
41% NAT AVG.
Cost Of Living
84
16% NAT AVG.
Cost of Living
Expense Socorro New Mexico National Avg.
Services 98 92 100
Groceries 97 94 100
Health 97 98 100
Housing 61 87 100
Transportation 88 88 100
Utilities 95 91 100
Cost of Living
Cost of Living Calculator

You can enter an amount and the Cost of Living Calculator will determine how much more (or less) you would need to maintain the same standard of living if you are relocating to another city. It takes into consideration current prices in your current city and the city you are considering for relocation. If you enter how much you need for living in the current city, you'll get an approximate information how much you will need in another city. This tool allows comparison for over 5000 cities in USA.