Cost of Living: Brookings, SD vs Socorro, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Brookings | Socorro |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $290,000 | $154,500 |
| Average Rent (2 BR Apartment) | $950 | $Data is updating |
| Average Rent (2 BR House) | $960 | $Data is updating |
Housing Comparison: Brookings vs Socorro
- In Brookings, the median home price is higher at $290,000, while in Socorro it is $154,500.
- The rent for a two-bedroom apartment is equal in both Brookings and Socorro at $950.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Brookings | Socorro |
|---|---|---|
| Electricity Price | $14.15 | $14.47 |
| Natural Gas Price | $10.63 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Brookings vs Socorro
- Socorro has higher electricity costs at $14.47 per kWh, versus $14.15 in Brookings.
- Socorro experiences higher natural gas costs at $26.29 per unit, with costs at $10.63 in Brookings.
- Utility expenses are equal in both Brookings and Socorro averaging $250.