Cost of Living in Socorro County, NM

Modeled annual cost: $47,107.

Median family income: $59,010.

Affordability Snapshot

NM County Median

$46,328

State Rank

14thMost expensive counties in NM out of 33See New Mexico county rankings

Median Income

$59,010

Location Type

Not Metropolitan

Biggest category:

Transport is the biggest expense in Socorro County, NM.

$14,419 per year.

Cost breakdown

Total

$47,107

Per year

  • Transport:$14,419
  • Taxes:$8,695
  • Healthcare:$8,281
  • Housing:$8,136
  • Food:$3,854
  • Other Costs:$3,723
  • Childcare:$0

* Percentages may not add up to 100% due to rounding.

Cheaper counties in New Mexico

1Luna County, NM
$42,974
2Sierra County, NM
$43,139
3Torrance County, NM
$43,450
4Bernalillo County, NM
$43,985
5Otero County, NM
$44,122

Popular comparisons in New Mexico

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.

Use the Cost of Living Map Launch WatchPennies cost of living map
How WatchPennies calculates salary needed
Cost of Living in Socorro County, NM (2026)