Cost of Living in Socorro County, NM
Modeled annual cost: $47,107.
Median family income: $59,010.
NM Median $46,328
Socorro County, NM Affordability at a glance
Median Income
$59,010Estimated Annual Costs
$47,107Cost/Income Ratio
79.8%Location Type
Not MetropolitanBiggest category:
Transport is the biggest expense in Socorro County, NM.
$14,419 per year.*30.61% of total modeled yearly costs.
Cost breakdown
Total
$47,107
Per year
- Transport:$14,41930.6%
- Taxes:$8,69518.5%
- Healthcare:$8,28117.6%
- Housing:$8,13617.3%
- Food:$3,8548.2%
- Other Costs:$3,7237.9%
* Percentages may not add up to 100% due to rounding.
Cheaper counties in New Mexico
Popular comparisons in New Mexico
Nearby cities housing context in Socorro County, NM
See how Socorro County, NM compares across the country.
Explore our cost of living interactive map to compare Socorro County, NM with multiple counties in the United States.