Cost of Living: Socorro, TX vs Maricopa, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Socorro | Maricopa |
|---|---|---|
| Housing Index | Data is updating | 90.2 |
| Median Home Price | $154,500 | $374,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1600 |
| Average Rent (2 BR House) | $Data is updating | $1640 |
Housing Comparison: Socorro vs Maricopa
- The median home price in Maricopa is higher at $374,000, compared to $154,500 in Socorro.
- The rent for a two-bedroom apartment is equal in both Socorro and Maricopa 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 | Maricopa |
|---|---|---|
| Electricity Price | $14.47 | $15.14 |
| Natural Gas Price | $26.29 | $23.51 |
| Other Utilities | $Data is updating | $220 |
Utilities Comparison: Socorro vs Maricopa
- Maricopa has higher electricity costs at $15.14 per kWh, versus $14.47 in Socorro.
- Natural gas is more expensive in Socorro at $26.29 per unit, while it is cheaper at $23.51 in Maricopa.
- Utility expenses are equal in both Socorro and Maricopa averaging $0.0.