Cost of Living: East chicago, IN vs Socorro, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | East chicago | Socorro |
|---|---|---|
| Housing Index | 80.0 | 95.0 |
| Median Home Price | $137,000 | $209,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1300 |
Housing Comparison: East chicago vs Socorro
- The median home price in Socorro is higher at $209,000, compared to $137,000 in East chicago.
- The rent for a two-bedroom apartment is equal in both East chicago 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 | East chicago | Socorro |
|---|---|---|
| Electricity Price | $14.89 | $14.44 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: East chicago vs Socorro
- Electricity costs are higher in East chicago at $14.89 per kWh, compared to $14.44 in Socorro.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in East chicago at an average of $250, compared to Socorro with $200.