Andrews, TX vs Socorro, TX
There is a significant gap in the cost of living between these two cities. Socorro is 21.8% cheaper than Andrews. With a cost index of 74 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Socorro to Andrews should plan for substantially higher expenses across most categories.
On the housing front, median rent in Andrews is $1,371/month compared to $1,036/month in Socorro — a 32% difference. Home values follow the same pattern: Socorro is more affordable at $131,200 median vs $186,700.
Median household income in Andrews is $78,896 compared to $52,100 in Socorro (+51.4%). While Andrews is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Andrews spend roughly 20.9% of their income on rent, less than the 23.9% in Socorro.
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