Cost of Living: Scottsboro, AL vs Socorro, TX

Housing

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

Metric Scottsboro Socorro
Housing Index 86.8 98.2
Median Home Price $192,500 $154,500
Average Rent (2 BR Apartment) $1372 $1300
Average Rent (2 BR House) $1491 $1413

Housing Comparison: Scottsboro vs Socorro

  • In Scottsboro, the median home price is higher at $192,500, while in Socorro it is $154,500.
  • Renting a two-bedroom apartment costs more in Scottsboro at $1,372 than in Socorro at $1,300.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Scottsboro Socorro
Electricity Price $15.03 $14.47
Natural Gas Price $21.76 $26.29
Other Utilities $210 $235

Utilities Comparison: Scottsboro vs Socorro

  • Electricity costs are higher in Scottsboro at $15.03 per kWh, compared to $14.47 in Socorro.
  • Socorro experiences higher natural gas costs at $26.29 per unit, with costs at $21.76 in Scottsboro.
  • Socorro has higher utility expenses, averaging $235, while Scottsboro averages $210.