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Cost of Living Comparison 2026

๐Ÿ“ Socorro, TX โ€” COL adjusted from El Paso, TX area + state data

$

Numbers update automatically as you type

You'd spend $1.9K/month more in Austin, TX

$150.0K in your current city equals $172.4K in Austin, TX

Rent data from HUD ZIP-level estimates ยท COL index from El Paso, TX area
Overall Cost
โ†‘ 24.8%
More expensive
Monthly Impact
$1,863
Extra cost
Annual Impact
$22.4K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Socorro, TX

Population:38K
Cost Index:100
Median Home:$216K

Austin, TX

Population:979K
Cost Index:125
Median Home:$558K

Socorro, TX

The Lone Star State

38K
Population
State Tax
No Income Tax

Located in Texas, this city has a population of 38K residents.

๐Ÿ’ก Advantage: Texas has no state income tax!

Austin, TX

The Lone Star State

979K
Population
State Tax
No Income Tax
Climate
Humid subtropical

Notable Facts

  • โ€ขLive music capital
  • โ€ขMajor tech hub
  • โ€ขSXSW festival city

Major Industries

TechnologyMusic IndustryEducationGovernment

Cost Breakdown by Category

Annual spending: Socorro, TX vs Austin, TX

๐Ÿ Housing
โ†‘ 68.7%
Socorro, TX
$1,710
Austin, TX
$2,885
Difference
$1,174
more
๐Ÿ“ฆOther
โ†‘ 13.2%
Socorro, TX
$1,538
Austin, TX
$1,741
Difference
$203
more
๐Ÿš—Transportation
โ†‘ 10.2%
Socorro, TX
$1,165
Austin, TX
$1,284
Difference
$119
more
๐ŸฅHealthcare
โ†‘ 21.1%
Socorro, TX
$486
Austin, TX
$589
Difference
$103
more
โšกAll Utilities
โ†‘ 14.9%
Socorro, TX
$471
Austin, TX
$541
Difference
$70.07
more
๐Ÿ›’Groceries
โ†‘ 5.5%
Socorro, TX
$909
Austin, TX
$959
Difference
$49.79
more

๐Ÿ Rent Comparison

Studio
From$462
To$1,585
โ†‘ $1,123
1 Bed
From$518
To$1,685
โ†‘ $1,167
2 Bed
From$638
To$1,995
โ†‘ $1,357
3 Bed
From$877
To$2,525
โ†‘ $1,648
Austin, TXZIP-level data

1BR range: $1,490โ€“$2,350/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,280
Monthly in Socorro, TX
$7,998
Monthly in Austin, TX
$1,718
Difference

Home Values

Socorro
Austin
-
Median Value
$558K
-
YoY Change
โ†“ -5%
-
5-Year Change
โ†‘ +12.6%
-
Price Range
$272K - $1.26M

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†’ $0
Same taxes
Monthly Difference
$0
Same take-home
Effective Rate Diff
0.0%
Rate difference

Socorro, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Austin, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Additional Tax Information

Socorro, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

Austin, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Socorro
Austin
67 Moderate
Air Quality
52 Moderate
22.1%
Good Air Days
42.6%
95 High
Climate Risk
98 High
๐ŸŒŠ๐ŸŒกโ˜€
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+2.7ยฐF
2050 Outlook
โ–ฒ+2.5ยฐF
97 days
Heat Days >95ยฐF
98 days
โ–ฒ+2.7ยฐF
2050 Outlook
โ–ฒ+2.5ยฐF
97 days
Heat Days >95ยฐF
98 days

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