Cost of Living: Socorro, TX vs Beacon, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Socorro | Beacon |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $154,500 | $153,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Socorro vs Beacon
- In Socorro, the median home price is higher at $154,500, while in Beacon it is $153,000.
- The rent for a two-bedroom apartment is equal in both Socorro and Beacon 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 | Beacon |
|---|---|---|
| Electricity Price | $14.47 | $14.82 |
| Natural Gas Price | $26.29 | $15.61 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Socorro vs Beacon
- Beacon has higher electricity costs at $14.82 per kWh, versus $14.47 in Socorro.
- Natural gas is more expensive in Socorro at $26.29 per unit, while it is cheaper at $15.61 in Beacon.
- Utility expenses are equal in both Socorro and Beacon averaging $0.0.