Cost of Living: Socorro, NM vs Daytona beach, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Socorro | Daytona beach |
|---|---|---|
| Housing Index | 95.0 | 120.0 |
| Median Home Price | $209,000 | $282,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1300 | $1920 |
Housing Comparison: Socorro vs Daytona beach
- The median home price in Daytona beach is higher at $282,000, compared to $209,000 in Socorro.
- In Daytona beach, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Socorro.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Socorro | Daytona beach |
|---|---|---|
| Electricity Price | $14.44 | $13.89 |
| Natural Gas Price | $Data is updating | $26.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Socorro vs Daytona beach
- Electricity costs are higher in Socorro at $14.44 per kWh, compared to $13.89 in Daytona beach.
- Natural gas price data is currently unavailable.
- Daytona beach has higher utility expenses, averaging $250, while Socorro averages $200.