Cost of Living: Socorro, NM vs Findlay, OH

Housing

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

Metric Socorro Findlay
Housing Index 95.0 85.0
Median Home Price $209,000 $215,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1300 $1320

Housing Comparison: Socorro vs Findlay

  • The median home price in Findlay is higher at $215,000, compared to $209,000 in Socorro.
  • The rent for a two-bedroom apartment is equal in both Socorro and Findlay at $1,200.

Utilities

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

Metric Socorro Findlay
Electricity Price $14.44 $15.92
Natural Gas Price $Data is updating $Data is updating
Other Utilities $200 $240

Utilities Comparison: Socorro vs Findlay

  • Findlay has higher electricity costs at $15.92 per kWh, versus $14.44 in Socorro.
  • Natural gas price data is currently unavailable.
  • Findlay has higher utility expenses, averaging $240, while Socorro averages $200.