Cost of Living: Stockbridge, GA vs Socorro, NM

Housing

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

Metric Stockbridge Socorro
Housing Index 115.0 95.0
Median Home Price $317,000 $209,000
Average Rent (2 BR Apartment) $1500 $1200
Average Rent (2 BR House) $1600 $1300

Housing Comparison: Stockbridge vs Socorro

  • In Stockbridge, the median home price is higher at $317,000, while in Socorro it is $209,000.
  • Renting a two-bedroom apartment costs more in Stockbridge at $1,500 than in Socorro 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 Stockbridge Socorro
Electricity Price $15.53 $14.44
Natural Gas Price $27.53 $Data is updating
Other Utilities $250 $200

Utilities Comparison: Stockbridge vs Socorro

  • Electricity costs are higher in Stockbridge at $15.53 per kWh, compared to $14.44 in Socorro.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Stockbridge at an average of $250, compared to Socorro with $200.