| Index | Socorro | New Mexico | National |
| Cost of living | 91 | 93 | 100 |
| Goods & Services | 104 | 99 | 100 |
| Groceries | 98 | 97 | 100 |
| Health care | 108 | 112 | 100 |
| Housing | 73 | 85 | 100 |
| Transportation | 94 | 93 | 100 |
| Utilities | 85 | 83 | 100 |


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| Cost of living index | |
| Goods & Services index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $81,762 | $6,814 | $1,908 | $2,453 |
| Renters | $36,116 | $3,010 | $843 | $1,084 |
| State | General Sales Tax | With Max Surtax |
| New Mexico | 5% | 8.688% |
| State | Income Tax (Low) | Income Tax (High) |
| New Mexico | 1.7% | 5.9% |
| Item | Socorro | National avg. | Difference |
| Haircut | $36.08 | $27.62 | 30.6% |
| Beauty Salon | $51.64 | $51.11 | 1.0% |
| Toothpaste | $4.00 | $4.09 | 2.3% |
| Shampoo | $1.36 | $1.54 | 11.8% |
| Movie | $12.15 | $12.88 | 5.7% |
| Yoga | $19.42 | $19.66 | 1.2% |
| Item | Socorro | National avg. | Difference |
| Ground Beef | $8.29 | $7.70 | 7.6% |
| Fried Chicken | $1.46 | $1.66 | 12.2% |
| Milk | $4.65 | $4.73 | 1.8% |
| Potatoes | $4.96 | $5.26 | 5.6% |
| Pizza | $13.64 | $12.76 | 6.9% |
| Beer | $10.58 | $10.55 | 0.3% |
| Item | Socorro | National avg. | Difference |
| Optometrist | $173.61 | $140.06 | 24.0% |
| Doctor | $145.18 | $153.82 | 5.6% |
| Dentist | $107.62 | $123.15 | 12.6% |
| Ibuprofen | $11.73 | $11.73 | 0.0% |
| Lipitor | $35.21 | $23.61 | 49.1% |
| Item | Socorro | National avg. | Difference |
| Home Price | $242,430.00 | $326,622.00 | 25.8% |
| Avg. Mortgage Payment | $2,169.16 | $2,480.25 | 12.5% |
| Apartment Rent | $1,029.00 | $1,444.00 | 28.7% |
| Item | Socorro | National avg. | Difference |
| Gasoline | $3.00 | $3.06 | 1.8% |
| Tire Balancing | $55.00 | $65.21 | 15.7% |
| Item | Socorro | National avg. | Difference |
| All Electricity | $167.22 | $220.12 | 24.0% |
| Phone | $193.43 | $195.71 | 1.2% |
| City | Population | Cost of Living Index | National Avg. |
| San Antonio, NM | 10 | 99 | 1.2% |
| Alamillo, NM | 208 | 99 | 1.2% |
| Escondida, NM | 14 | 99 | 1.2% |
| Chamizal, NM | 63 | 99 | 1.2% |
| San Acacia, NM | 18 | 99 | 1.2% |
| Socorro, NM | 8,717 | 91 | 8.8% |
| City | Population | Cost of Living Index | National Avg. |
| Port Jervis, NY | 8,716 | 95 | 5.2% |
| Fairless Hills, PA | 8,719 | 113 | 13.4% |
| Reserve, LA | 8,721 | 87 | 13.5% |
| Hyrum, UT | 8,722 | 100 | 0.1% |
| Salem, UT | 8,725 | 119 | 19.2% |
| Socorro, NM | 8,717 | 91 | 8.8% |