Cost of Living: Broken arrow, OK vs Socorro, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Broken arrow | Socorro |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $234,000 | $154,500 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Broken arrow vs Socorro
- In Broken arrow, the median home price is higher at $234,000, while in Socorro it is $154,500.
- The rent for a two-bedroom apartment is equal in both Broken arrow and 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 | Broken arrow | Socorro |
|---|---|---|
| Electricity Price | $12.37 | $14.47 |
| Natural Gas Price | $20.27 | $26.29 |
| Other Utilities | $180 | $Data is updating |
Utilities Comparison: Broken arrow vs Socorro
- Socorro has higher electricity costs at $14.47 per kWh, versus $12.37 in Broken arrow.
- Socorro experiences higher natural gas costs at $26.29 per unit, with costs at $20.27 in Broken arrow.
- Utility expenses are equal in both Broken arrow and Socorro averaging $180.