Cost of Living: Socorro, NM vs Pioneer, CA

Housing

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

Metric Socorro Pioneer
Housing Index 95.0 120.0
Median Home Price $209,000 $359,900
Average Rent (2 BR Apartment) $1200 $2300
Average Rent (2 BR House) $1300 $2350

Housing Comparison: Socorro vs Pioneer

  • The median home price in Pioneer is higher at $359,900, compared to $209,000 in Socorro.
  • In Pioneer, the rental for a two-bedroom apartment stands at $2,300, 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 Pioneer
Electricity Price $14.44 $32.99
Natural Gas Price $Data is updating $16.99
Other Utilities $200 $250

Utilities Comparison: Socorro vs Pioneer

  • Pioneer has higher electricity costs at $32.99 per kWh, versus $14.44 in Socorro.
  • Natural gas price data is currently unavailable.
  • Pioneer has higher utility expenses, averaging $250, while Socorro averages $200.