Cost of Living: Socorro, TX vs Danbury, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Socorro | Danbury |
|---|---|---|
| Housing Index | 98.2 | 125.0 |
| Median Home Price | $154,500 | $386,900 |
| Average Rent (2 BR Apartment) | $1300 | $2251 |
| Average Rent (2 BR House) | $1413 | $2447 |
Housing Comparison: Socorro vs Danbury
- The median home price in Danbury is higher at $386,900, compared to $154,500 in Socorro.
- In Danbury, the rental for a two-bedroom apartment stands at $2,251, while it is $1,300 in Socorro.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Socorro | Danbury |
|---|---|---|
| Electricity Price | $14.47 | $26 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $235 | $280 |
Utilities Comparison: Socorro vs Danbury
- Danbury has higher electricity costs at $26 per kWh, versus $14.47 in Socorro.
- Natural gas price data is currently unavailable.
- Danbury has higher utility expenses, averaging $280, while Socorro averages $235.