Cost of Living: Socorro, TX vs Baltimore, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Socorro | Baltimore |
|---|---|---|
| Housing Index | Data is updating | 125.0 |
| Median Home Price | $154,500 | $288,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $2200 |
| Average Rent (2 BR House) | $Data is updating | $2240 |
Housing Comparison: Socorro vs Baltimore
- The median home price in Baltimore is higher at $288,000, compared to $154,500 in Socorro.
- The rent for a two-bedroom apartment is equal in both Socorro and Baltimore 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 | Socorro | Baltimore |
|---|---|---|
| Electricity Price | $14.47 | $17.41 |
| Natural Gas Price | $26.29 | $18.44 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Socorro vs Baltimore
- Baltimore has higher electricity costs at $17.41 per kWh, versus $14.47 in Socorro.
- Natural gas is more expensive in Socorro at $26.29 per unit, while it is cheaper at $18.44 in Baltimore.
- Utility expenses are equal in both Socorro and Baltimore averaging $0.0.