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 94.5 93.8
Median Home Price $317,000 $209,000
Average Rent (2 BR Apartment) $1601 $1486
Average Rent (2 BR House) $1740 $1615

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 $1,601 than in Socorro at $1,486.

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 $226 $212

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 $226, compared to Socorro with $212.