Cost of Living: West warwick, RI vs Socorro, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | West warwick | Socorro |
|---|---|---|
| Housing Index | 120.0 | 95.0 |
| Median Home Price | $250,000 | $209,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1856 | $1300 |
Housing Comparison: West warwick vs Socorro
- In West warwick, the median home price is higher at $250,000, while in Socorro it is $209,000.
- Renting a two-bedroom apartment costs more in West warwick at $1,800 than in Socorro at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | West warwick | Socorro |
|---|---|---|
| Electricity Price | $27.03 | $14.44 |
| Natural Gas Price | $21.52 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: West warwick vs Socorro
- Electricity costs are higher in West warwick at $27.03 per kWh, compared to $14.44 in Socorro.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in West warwick at an average of $250, compared to Socorro with $200.