Cost of Living: Essex junction, VT vs Socorro, NM

Housing

The housing market plays a significant role in determining the cost of living.

Metric Essex junction Socorro
Housing Index Data is updating 95.0
Median Home Price $388,000 $209,000
Average Rent (2 BR Apartment) $Data is updating $1200
Average Rent (2 BR House) $Data is updating $1300

Housing Comparison: Essex junction vs Socorro

  • In Essex junction, the median home price is higher at $388,000, while in Socorro it is $209,000.
  • The rent for a two-bedroom apartment is equal in both Essex junction and Socorro at $0.0.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Essex junction Socorro
Electricity Price $21.91 $14.44
Natural Gas Price $18.28 $Data is updating
Other Utilities $Data is updating $200

Utilities Comparison: Essex junction vs Socorro

  • Electricity costs are higher in Essex junction at $21.91 per kWh, compared to $14.44 in Socorro.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Essex junction and Socorro averaging $0.0.