Cost of Living: Folsom, CA vs Socorro, TX

Housing

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

Metric Folsom Socorro
Housing Index 130.0 Data is updating
Median Home Price $657,000 $154,500
Average Rent (2 BR Apartment) $2500 $Data is updating
Average Rent (2 BR House) $2557 $Data is updating

Housing Comparison: Folsom vs Socorro

  • In Folsom, the median home price is higher at $657,000, while in Socorro it is $154,500.
  • The rent for a two-bedroom apartment is equal in both Folsom and Socorro at $2,500.

Utilities

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

Metric Folsom Socorro
Electricity Price $32.99 $14.47
Natural Gas Price $16.99 $26.29
Other Utilities $300 $Data is updating

Utilities Comparison: Folsom vs Socorro

  • Electricity costs are higher in Folsom at $32.99 per kWh, compared to $14.47 in Socorro.
  • Socorro experiences higher natural gas costs at $26.29 per unit, with costs at $16.99 in Folsom.
  • Utility expenses are equal in both Folsom and Socorro averaging $300.