Cost of Living in Socorro, TX
Population 36,237 · Texas · Data vintage 2023
(100 = US avg)
The Socorro cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $131,000, rents near $1,036 a month. Around 20% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Geographically, Socorro sits roughly 20 miles southeast of El Paso. Median home values run roughly 24% lower than El Paso's $172,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Socorro
The median home value in Socorro is $131,200 — 57% below the national median of $305,000. Median rent runs $1,036/month, 21% lower than the national median of $1,314/month. The median household income of $52,100/year is 30% lower than the US median of $74,580. The local unemployment rate is 5.3%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 78.6°F and lows of 53.8°F, with about 2.8" of annual snowfall. Overall, Socorro has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 59 | 64 | 72 | 80 | 89 | 97 | 96 | 94 | 88 | 79 | 67 | 58 |
| Low °F | 35 | 39 | 46 | 53 | 62 | 71 | 73 | 72 | 65 | 54 | 42 | 34 |
| Precip" | 0.39 | 0.40 | 0.24 | 0.17 | 0.43 | 0.73 | 1.58 | 1.67 | 1.52 | 0.59 | 0.43 | 0.63 |
| Snow" | 0.8 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 1.3 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Socorro, TX?
Socorro has a cost index of 57 (100 = national average). It is 43% below the national average.
What is average rent in Socorro, TX?
The median gross rent in Socorro is $1,036 per month based on 2023 Census data.
What is the average home price in Socorro?
The median home value in Socorro is $131,200 according to Zillow and Census data.
What is the median income in Socorro?
The median household income in Socorro is $52,100 per year (2023 ACS 5-year estimates).
What is the sales tax in Socorro, TX?
The combined state and local sales tax rate in Socorro is 8.2%. Texas has no state income tax.
Is Socorro, TX affordable?
Yes, Socorro is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.
What is the weather like in Socorro?
Socorro has average high temperatures of 78.6°F and average lows of 53.8°F. Annual precipitation is 8.8". Average annual snowfall is 2.8". Data from NOAA 1991–2020 Climate Normals.
Socorro at a Glance
- Population
- 36,237
- Median Income
- $52,100
- Home Value
- $131,200
- Median Rent
- $1,036/mo
- Unemployment
- 5.3%
- Avg High Temp
- 78.6°F
- Sales Tax
- 8.2%
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