Cost of Living: Lawrence, NY vs Socorro, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lawrence | Socorro |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $865,000 | $154,500 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Lawrence vs Socorro
- In Lawrence, the median home price is higher at $865,000, while in Socorro it is $154,500.
- The rent for a two-bedroom apartment is equal in both Lawrence 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 | Lawrence | Socorro |
|---|---|---|
| Electricity Price | $26.08 | $14.47 |
| Natural Gas Price | $18.13 | $26.29 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Lawrence vs Socorro
- Electricity costs are higher in Lawrence at $26.08 per kWh, compared to $14.47 in Socorro.
- Socorro experiences higher natural gas costs at $26.29 per unit, with costs at $18.13 in Lawrence.
- Utility expenses are equal in both Lawrence and Socorro averaging $0.0.