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.